North Dakota Lt. Governor Brent Sanford gives an update from the Bakken oil fields. Sanford describes the Bakken Restart Task Force and how it is helping companies in the Bakken. Sanford was mayor of Watford City during the $100-oil days and their unprecedented growth.
Click here for May’s Bakken Director’s Cut
Click here for the North Dakota March Production Report
Sanford talks about the ESG certification and perception of oil and gas and how there are real financial barriers. Sanford explains how the state of ND is taking a “carrot” approach to keeping companies around and bringing them back.
The interview dives into how bankruptcy impact the state’s budget and community development. Abandon wells, sales tax reductions and S.I.I.F. revenues and COVID-19 unemployment claims are also discussed in detail.
Sanford also gives an update on the pipeline activity from flow to construction.
The Crude Life Podcast can be heard every Monday through Thursday with a Week in Review on Friday.
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