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ND Oil & Gas Tax Study

How the oil industry and region benefit and support the state.

  • Oil extraction and production tax revenues are nearly $18 billion for fiscal years 2008-2018
  • During the Bakken development oil extraction and production taxes are more than 44% of all taxes collected by the state
  • In the past 5 fiscal years oil extraction and production taxes are approximately 50% of all taxes collected by the state
  • $1.2 billion dollars for water projects throughout the state
  • Local transportation funding exceeds $875 million
  • Legacy Fund has received over $4.5 billion
  • Over $7.3 billion invested in communities and infrastructure across the state
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