Grand opening in Alexander

Alexander has a brand new building in its downtown. First International Bank & Trust built a new building featuring expanded office space, drive up window service and an Interactive Teller Machine.
The bank will be holding a grand opening on May 12, which includes an open house from 10am-4pm and a ribbon cutting at 5pm.
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MHA Nation gets new first responder facility

The Mandan Hidatsa and Arikara Nation now has a new first responder facility in the Mandaree area. The space serves both the Fire Department and the Emergency Medical Services. See this KFYR news story for more information.
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New coffee shop

Meg-A-Latte has announced it will be soon be opening a coffee shop in Watford City. With three locations already in Williston, the specialty coffee shop serves gourmet coffee, teas, smoothies, shakes, bakery, and lunch items.
The Watford City location will be at 109 6th Ave SE– the site of the former Taco Johns.
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New Dentist

 

Legendary Smiles has added a third dentist to their staff. Earlier this month Dr. Danielle DeMorrow joined the growing team. She joins Dr. Bulzomi and Dr. Burbach. Legendary Smiles is open 8am-5pm Monday-Thursday and is located at 361 N Main Street Watford City.
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BurgerSear opens

The Smiling Moose Rocky Mountain Deli location in Watford City announced the expansion of their product line through the addition of BurgerSear. In addition to the hand-formed, smashed and seared burgers, they offer new sides including mac & cheese, waffle fries and more. Find them at 1005 S Main St, Watford City.
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Workplace vaccination opportunity

The North Dakota Department of Health may be able to provide assistance to businesses interested in getting workplace COVID-19 vaccination set up. To indicate interest complete this survey.
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Area petroleum employers talk Bakken plans and performance

According to this Reuters article, Continental Resources plans to increase its 2021 capital expenditures from between $1.2-1.3 billion to $1.4 billion.
According to this Natural Gas Intelligence article Hess Corp has a goal to increase the number of rigs in the Bakken to four by the end of this year. That would allow Hess’s Bakken production to be held even at 200,000 barrels/day for the next decade.
Oasis, according to this Shale Experts article, plans to complete 29-33 Bakken wells this year and increase its capital expenditures by 13%.
According to this Williston Herald article, ConocoPhillips is looking to keep its capital expenditures for 2021 at $5.5 billion as well as resume its share repurchase program thanks to an uptick in oil prices.
According to this Natural Gas Intelligence article Crestwood’s CEO Bob Phillips says “The Bakken play remains extremely economic and as we look into 2021, in a $55-60/bbl crude price environment, we anticipate a lot more activity in 2021.”
Whiting, according to this Shale Experts article, has plans for capital expenditures of $228-$252 million which represents a 7% decrease from 2020 expenditures.
Enerplus believes it has approximately a decade of drilling left in the Bakken and sees its breakeven at WTI $38/barrel, according to this Seeking Alpha article.
According to this Results-Earnings call transcript of 2020Q4, Marathon Oil Corp expects 90% of its capital to be focused on the Bakken and Eagle Ford regions which is considered to be the most “capital-efficient” basins. They expect at least 10 more years of drilling for the Bakken region given the capital-efficient, high-return nature.
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March economy at a glance

The March Economy at a Glance is now available. Some data of note include:
  • Oil production for McKenzie County dropped from 14.9 million barrels in December 2020 to 14.1 million barrels in January 2021.
  • Year to date visits to the North Unit of Theodore Roosevelt National Park have increased from 1,684 to 3,768.
  • Brookledge apartments increased their occupancy from 60% in February 2021 to 62% in March 2021.
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Sanford Health announces expansion

Sanford Health has announced a plan with the City of Williston that will allow for a new clinic and hospital to be built for the region. The plan is for it to be located in the Williston Square which is 800 acres that was recently vacated with the moving of the Williston airport to a location outside city limits.

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Film auditions to be held

The story of the last lynching in North Dakota is being turned into a movie, and is planned on being filmed entirely in McKenzie County this summer! The End of the Rope is based on the story true story of the infamous Charles Bannon case of 1931 in McKenzie County.
Auditions will be held for supporting roles on Saturday, March 26 from 2-6pm at Teddy’s Residential Suites in Watford City. Check the link above for roles needing to be filled. There will also be auditions in Bismarck the next day, virtually, and potentially other locations.
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Get in Touch

Daniel Stenberg
McKenzie County Economic Development
100 2nd Ave SW, Suite A
Watford City, ND 58854
701-444-8856
dstenberg@co.mckenzie.nd.us

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