The Bakken Oil Boom

The Bakken oil boom dwarfs previous oil production expansions in Montana and North Dakota. Explore a range of economic, demographic and financial data for the Bakken, and learn about factors driving jobs and other forms of development in the oil patch of North Dakota and Montana.

Location of oil patch in the Ninth District
City of Williston - Number of building permits for new construction

Data Dashboard

Construction

2012 Pct. change from a year earlier
Williston building permits 383 -5%

Summary

Construction activity for commercial buildings and residential units began rising sharply in the city of Williston in 2010.



Stark County - Housing units authorized

Data Dashboard

Construction

2012 Pct. change from a year earlier
Stark county housing units authorized 1484 362%

Summary

Stark County, which includes the city of Dickinson, posted rapid gains in housing units authorized in 2012. Stark County housing units authorized comprised 18 percent of all North Dakota units authorized in 2012. For perspective, Stark County has an estimated population of 26,771, 3.8 percent of the state population.

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County Unemployment Rate

Slideshow of maps showing the historical county unemployment rate in the Bakken area

Oil map thumbnail

12-month moving average

<3%
3 to 4%
4 to 5%
5 to 6%
6 to 7%
>7%

January 2013
Oil basin unemployment rate map

October 2012
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July 2012
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April 2012
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January 2012
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October 2011
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July 2011
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April 2011
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January 2011
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October 2010
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July 2010
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April 2010
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January 2010
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October 2009
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July 2009
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April 2009
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January 2009
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October 2008
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July 2008
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April 2008
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January 2008
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October 2007
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July 2007
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April 2007
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January 2007
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October 2006
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July 2006
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April 2006
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January 2006
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October 2005
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July 2005
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April 2005
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January 2005
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October 2004
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July 2004
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April 2004
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January 2004
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County Employment Change

Slideshow of maps showing the county employment rate change in the Bakken area

Oil map thumbnail

12-month moving average

<-4%
-4% to -2%
-2% to 0%
0% to 2%
>2%

January 2013
Oil basin employment change map

October 2012
Oil basin employment change map

July 2012
Oil basin employment change map

April 2012
Oil basin employment change map

January 2012
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October 2011
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July 2011
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April 2011
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January 2011
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October 2010
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July 2010
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April 2010
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January 2010
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October 2009
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July 2009
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April 2009
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January 2009
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October 2008
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July 2008
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April 2008
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January 2008
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October 2007
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July 2007
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April 2007
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January 2007
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October 2006
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July 2006
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April 2006
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January 2006
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October 2005
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July 2005
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April 2005
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January 2005
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October 2004
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July 2004
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April 2004
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January 2004
Oil basin employment change map

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The Bakken area

Detailed map of the oil patch in the Ninth District

Oil map thumbnail

Definition for oil production: North Dakota production is from Bakken, Sanish, Three Forks and Bakken/Three Forks Pools as reported by the North Dakota Department of Mineral Resources. Montana production is total production from Richland, Roosevelt and Sheridan counties.

Definition for economic indicators: North Dakota counties: Billings, Burke, Divide, Dunn, Golden Valley, McKenzie, Mountrail, Stark, and Williams. Montana counties: Richland, Roosevelt, and Sheridan.

Oil map

Recent Trends in the Bakken [pdf]
Full Report [pdf]
Data on demographic, economic and financial activity in the Bakken as of December 20, 2012

More about oil in the Ninth District

Bakken activity: How wide is the ripple effect?
fedgazette, May 7, 2013

Working on the railroad - and the pipeline
fedgazette, April 23, 2013

Dealing with gas
fedgazette, April 23, 2013

Booming sales in North Dakota
fedgazette, February 8, 2013

Frac sand mining spurs rural rail
fedgazette Roundup, July 19, 2012

Sand surge
fedgazette, July 16, 2012

Desperately seeking workers in the oil patch
fedgazette, April 18, 2012

No room at the inn
fedgazette, April 18, 2012

Faces and places from the oil patch
fedgazette, April 18, 2012

After the oil rush
fedgazette, September 1, 2009

Location of the Bakken in the Ninth District

Location of oil patch in the Ninth District

Large Image


Jobs in the oil patch

Video: fedgazette Senior Writer Phil Davies talks about jobs in the oil patch