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Tag Archives: Doug Burgum

ND Gov. Burgum welcomes Hess and Targa’s $150M Bakken investment

Gov. Doug Burgum welcomed news today that Hess Midstream Partners and Targa Resources will build a $150 million gas processing plant near Watford City, as North Dakota produces record volumes of natural gas and approaches record high oil production. The Little Missouri Four gas plant will process 200 million cubic feet of gas per day at Targa’s existing Little Missouri ...

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Hess, Targa to build $150M Gas Plant

Hess Midstream Partners LP announced today the formation of a 50/50 joint venture with Targa Resources Corp. to construct a new 200 million standard cubic feet per day gas processing plant called Little Missouri Four (LM4). The new gas plant will be located at Targa’s existing Little Missouri facility, south of the Missouri River in McKenzie County, North Dakota. Targa ...

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ND Governor Challenges Bakken Oil Companies: Produce 2-Million-Barrels-a-Day

This is installment one of a five-part series investigating North Dakota Governor Doug Burgum’s year-end address to the energy industry.  By Jason Spiess, The Crude Life Media Network Tis’ the season for annual meetings and North Dakota Governor Doug Burgum caught many people’s attention with his public speech that was making the rounds. Burgum took full advantage of his invitation ...

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North Dakota’s savings dwindling due to tax collection drop

oil industry, north dakota, drilling rig

BISMARCK, N.D. (AP) — A North Dakota rainy-day fund that held more than $572 million in January is on the verge of being emptied due to lower-than-expected tax collections from depressed oil and farm commodity prices. “There are no ‘ifs,'” North Dakota Treasurer Kelly Schmidt said Friday. “We will drain it.” The Budget Stabilization Fund, established in 1987, was intended to stash ...

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Top 5 Bakken Stories of the Week, June 11-17

top 5

Doug Burgum’s bid for North Dakota governor came one step closer to reality with his Tuesday win in the primary. The republican candidate stressed policies that stress economic growth and capitalizing on North Dakota’s two most important industries: energy and agriculture. Burgum-Sanford ticket emphasizes energy, economic growth 2 & 3. Two spills in North Dakota this week got lots of ...

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North Dakota’s outsider candidate ready to tackle bad news

FARGO, N.D. (AP) — Hours after North Dakota Republicans put former Microsoft executive Doug Burgum on track to become governor, another grim report about oil production underscored the challenges awaiting the next leader of a once-thriving state now enduring an economic downturn. With his resounding primary victory over longtime state Attorney General Wayne Stenehjem, who had the GOP convention’s endorsement, ...

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Burgum-Sanford ticket emphasizes energy, economic growth

Doug Burgum

Doug Burgum believes the energy industry is essential to North Dakota’s economic future. Growth of the industry provided well-paying jobs and revitalized many communities in western North Dakota. He was recently endorsed by former North Dakota Gov. Ed Schafer as “the conservative business leader we need.” As a businessman who has spent his life growing businesses, creating jobs and investing ...

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North Dakota GOP gubernatorial campaign enters homestretch

BISMARCK, N.D. (AP) — After months of rallies in tiny town cafes and fundraisers in big city venues, the Republican candidates for North Dakota governor are making their final push in an intense, expensive and often acrimonious campaign between longtime friends that has focused largely on leadership qualifications as the state’s oil revenues decline. Attorney General Wayne Stenehjem and his GOP ...

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Watford City Mayor Brent Sanford balances governor’s ticket

Doug Burgum, Brent Sanford, North Dakota, governor, election

Brent Sanford knows and understands the issues that surround western North Dakota. Born and raised in Watford City, Sanford was elected mayor in 2010. Thanks to the Bakken oil boom, the city’s population jumped from about 2,000 to 12,000 during his tenure. The rapid increase in residents brought many challenges. Transport facilities were outdated. Water management needed to be upgraded. ...

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A Microsoft star seeks to run North Dakota

Doug Burgum

BISMARCK, N.D. (AP) — A decade ago, then-Microsoft executive Doug Burgum stood before a cheering crowd at a technology conference in Dallas and introduced his boss, company co-founder Bill Gates, by describing what makes entrepreneurs successful. “Innovators are people who go against the grain” by taking risks and chasing dreams, said Burgum, who’d become a tech star in his own ...

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