1 | | - | Sixty-ninth Legislative Assembly of North Dakota |
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2 | | - | In Regular Session Commencing Tuesday, January 7, 2025 |
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3 | | - | HOUSE CONCURRENT RESOLUTION NO. 3016 |
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4 | | - | (Representatives Novak, D. Anderson, Heinert, J. Olson, Porter) |
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5 | | - | (Senators Hogue, Patten) |
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6 | | - | A concurrent resolution recognizing the benefits of enhanced oil recovery and encouraging the State of |
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7 | | - | North Dakota and federal government to maintain favorable policies that support the |
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| 1 | + | 25.3082.01000 |
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| 2 | + | Sixty-ninth |
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| 3 | + | Legislative Assembly |
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| 4 | + | of North Dakota |
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| 5 | + | Introduced by |
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| 6 | + | Representatives Novak, D. Anderson, Heinert, J. Olson, Porter |
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| 7 | + | Senators Hogue, Patten |
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| 8 | + | A concurrent resolution recognizing the benefits of enhanced oil recovery and encouraging the |
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| 9 | + | State of North Dakota and federal government to maintain favorable policies that support the |
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10 | | - | WHEREAS, the Bakken Formation is a world-class energy resource yielding 1.2 million barrels of |
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11 | | - | oil per day; and |
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12 | | - | WHEREAS, North Dakota's oil industry contributes approximately $8 million per day in extraction |
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13 | | - | and production tax revenues, $26 billion since 2008, and over half of total state tax revenues annually; |
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14 | | - | and |
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15 | | - | WHEREAS, oil and gas tax revenues contribute to the well-being of the state, providing a stable tax |
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16 | | - | base, prospering economy, well-paying jobs, and energy security; and |
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17 | | - | WHEREAS, current recovery methods produce only a small portion of the Bakken Formation's |
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| 12 | + | WHEREAS, the Bakken Formation is a world-class energy resource yielding 1.2 million |
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| 13 | + | barrels of oil per day; and |
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| 14 | + | WHEREAS, North Dakota's oil industry contributes approximately $8 million per day in |
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| 15 | + | extraction and production tax revenues, $26 billion since 2008, and over half of total state tax |
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| 16 | + | revenues annually; and |
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| 17 | + | WHEREAS, oil and gas tax revenues contribute to the well-being of the state, providing a |
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| 18 | + | stable tax base, prospering economy, well-paying jobs, and energy security; and |
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| 19 | + | WHEREAS, current recovery methods produce only a small portion of the Bakken's |
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19 | | - | WHEREAS, it is estimated that utilization of enhanced oil recovery methods could unlock several |
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20 | | - | billion barrels more of incremental oil production, and extend Bakken Formation production by several |
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21 | | - | decades; and |
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22 | | - | WHEREAS, North Dakota's coal industry supports nearly 12,000 jobs in the state, contributes |
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23 | | - | $2 billion in gross domestic product, and $100 million in state and local tax revenues; and |
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24 | | - | WHEREAS, the coal industry has been a leader in pursuing technologies to capture carbon dioxide |
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25 | | - | from its coal-fired power and gasification facilities; and |
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26 | | - | WHEREAS, carbon dioxide captured from North Dakota's energy and agriculture facilities is a |
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27 | | - | valuable commodity that will be necessary to achieve full deployment of enhanced oil recovery in North |
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28 | | - | Dakota's oil shale formations and conventional reservoirs; and |
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29 | | - | WHEREAS, the state has been a leader in investing in research and development to unleash the |
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30 | | - | full potential of all its energy resources, and in creating a regulatory environment that fosters the |
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31 | | - | development of carbon capture, utilization, and storage technologies; and |
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32 | | - | WHEREAS, successful deployment of enhanced oil recovery will unlock the full potential of the |
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33 | | - | Bakken Formation, enhance North Dakota's coal industry, and support the continued growth of North |
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34 | | - | Dakota's energy industries, supporting the Trump Administration's goals of achieving energy dominance |
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35 | | - | and energy security; |
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36 | | - | NOW, THEREFORE, BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES OF NORTH |
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37 | | - | DAKOTA, THE SENATE CONCURRING THEREIN: |
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38 | | - | That the Sixty-ninth Legislative Assembly recognize the benefits of enhanced oil recovery and |
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39 | | - | encourage the State of North Dakota and federal government to maintain favorable policies that support |
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40 | | - | the development of carbon capture technology and utilization of carbon dioxide as a commodity for |
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41 | | - | advancing energy security; and |
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| 21 | + | WHEREAS, it is estimated that utilization of enhanced oil recovery methods could unlock |
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| 22 | + | several billion barrels more of incremental oil production, and extend Bakken production by |
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| 23 | + | several decades; and |
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| 24 | + | WHEREAS, North Dakota's coal industry supports nearly 12,000 jobs in the state, |
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| 25 | + | contributes $2 billion in gross domestic product, and $100 million in state and local tax |
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| 26 | + | revenues; and |
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| 27 | + | WHEREAS, the coal industry has been a leader in pursuing technologies to capture carbon |
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| 28 | + | dioxide from its coal-fired power and gasification facilities; and |
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| 29 | + | WHEREAS, carbon dioxide captured from North Dakota's energy and agriculture facilities is |
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| 30 | + | a valuable commodity that will be necessary to achieve full deployment of enhanced oil |
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| 31 | + | recovery in North Dakota's oil shale formations and conventional reservoirs; and |
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| 32 | + | Page No. 1 25.3082.01000 |
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| 33 | + | HOUSE CONCURRENT RESOLUTION NO. 3016 |
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| 58 | + | 24 Sixty-ninth |
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| 59 | + | Legislative Assembly |
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| 60 | + | WHEREAS, the state has been a leader in investing in research and development to |
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| 61 | + | unleash the full potential of all its energy resources, and in creating a regulatory environment |
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| 62 | + | that fosters the development of carbon capture, utilization, and storage technologies; and |
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| 63 | + | WHEREAS, successful deployment of enhanced oil recovery will unlock the full potential of |
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| 64 | + | the Bakken Formation, enhance North Dakota's coal industry, and support the continued growth |
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| 65 | + | of North Dakota's energy industries, supporting the Trump Administration's goals of achieving |
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| 66 | + | energy dominance and energy security; |
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| 67 | + | NOW, THEREFORE, BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES OF |
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| 68 | + | NORTH DAKOTA, THE SENATE CONCURRING THEREIN: |
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| 69 | + | That the Sixty-ninth Legislative Assembly recognize the benefits of enhanced oil recovery |
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| 70 | + | and encourage the State of North Dakota and federal government to maintain favorable policies |
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| 71 | + | that support the development of carbon capture technology and utilization of carbon dioxide as |
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| 72 | + | a commodity for advancing energy security; and |
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43 | | - | encourage and incentivize utilization of carbon dioxide for enhanced oil recovery; and H.C.R. NO. 3016 - PAGE 2 |
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44 | | - | BE IT FURTHER RESOLVED , that the federal government is urged to increase its partnership with |
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45 | | - | the State of North Dakota and its energy industries to advance carbon capture technologies and |
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46 | | - | enhanced oil recovery in the Bakken Formation; and |
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47 | | - | BE IT FURTHER RESOLVED , that the Secretary of State forward copies of this resolution to the |
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48 | | - | President of the United States, the Secretary of the Department of Energy, the Secretary of the |
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49 | | - | Department of the Interior, and each member of the North Dakota Congressional Delegation. H.C.R. NO. 3016 - PAGE 3 |
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50 | | - | ____________________________ ____________________________ |
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51 | | - | Speaker of the House President of the Senate |
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52 | | - | ____________________________ ____________________________ |
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53 | | - | Chief Clerk of the House Secretary of the Senate |
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54 | | - | Filed in this office this ___________day of _______________________________________, 2025, |
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55 | | - | at ________ o’clock ________M. |
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56 | | - | ____________________________ |
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57 | | - | Secretary of State |
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| 74 | + | encourage and incentivize utilization of carbon dioxide for enhanced oil recovery; and |
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| 75 | + | BE IT FURTHER RESOLVED , that the federal government is urged to increase its |
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| 76 | + | partnership with the State of North Dakota and its energy industries to advance carbon capture |
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| 77 | + | technologies and enhanced oil recovery in the Bakken Formation; and |
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| 78 | + | BE IT FURTHER RESOLVED , that the Secretary of State forward copies of this resolution |
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| 79 | + | to the President of the United States, the Secretary of the Department of Energy, the Secretary |
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| 80 | + | of the Department of the Interior, and each member of the North Dakota Congressional |
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| 81 | + | Delegation. |
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