April Newsletter: Who is Big Oil? Chances are, someone you knowApril 1, 2015
MONTHLY NEWSLETTER FOR APRIL 2015
COMMUNITIES, COMPANIES TO KICK OFF “PICK UP THE PATCH” THIS SPRING
With spring finally here, several North Dakota communities and the companies that operate in them are planning Community Clean-Ups and Pick Up the Patch events beginning this week.
“Our members are invested in our communities, and we want to support them and help make a positive impact in any way we can,” said Alexis Brinkman, government affairs manager for the NDPC. “Many of the challenges in western North Dakota, such as housing and traffic, will take time, but this is a way we can make an immediate impact in our cities while also building relationships with community leaders and community members.”
Events scheduled for the coming weeks include:
April 22-May 6: New Town
April 25: Williston
April 28: Parshall
May 1-16: Dickinson
May 2: Watford City
May 2: Bismarck-Mandan
May 2-9: Killdeer
May 13: Tioga
May 20: Stanley
For more information about each event,click here. If you have a clean-up scheduled and would like help finding industry volunteers or would like to schedule an event for your community, click here.
SERVICE SPOTLIGHT: BILFINGER WESTCON A series highlighting the service companies who go out of their way to not only provide great service to their clients, but great service to their communities.
Bilfinger Westcon Emphasizes Stand-out Service to Community, Focus on Employees in its Philosophy
Bilfinger Westcon has had an office that stands out in north Bismarck for several years, but its record in safety, in its involvement in the community, and its reputation as a great place to work has helped this company stand out.
FOR EIGHTH YEAR IN A ROW, HESS RANKS AS A TOP CORPORATE CITIZEN
There’s a seldom reported story, but it is a fact: oil companies do give back, and often in a big way. It’s no surprise then, that these companies are being recognized for their corporate social responsibility.
For the eighth year in a row, Hess has ranked in Corporate Social Responsibility Magazine’s list of 100 Best Corporate Citizens for 2015. This is also the second year in a row that the company has been the No. 1 oil and gas company on the list.
“Sound sustainability practices create value and enhance business performance,” said John Hess, Chief Executive Officer, Hess Corporation. “We are proud to have been recognized for the quality of our environment, social and governance disclosure and performance.”
“Social Responsibility is a formal value at Hess, which underscores our steadfast commitment to the highest standards of corporate citizenship,” said Paula Luff, Vice President of Social Responsibility, Hess Corporation. “We want to have trusted partnerships everywhere we operate.”
Other North Dakota operators to make the list include Occidental Petroleum Corp., ConocoPhillips, and Exxon Mobil Corp. The 100 Best Corporate Citizens List ranks the Russell 1000 Index of publicly held U.S. companies.
FROM THE CIVIL WAR TO AN AMERICAN ENERGY REVOLUTION: “FRACKING’S” LONG & STORIED PAST
Despite claims that hydraulic fracturing is a “new” technology, it’s not.
This innovation actually dates back to as early as 1862 – a time with the United States was still embroiled in the Civil War. At that time, Colonel Edward A.L. Roberts noticed what could happen when explosive artillery was fired, and in 1865, he received a patent for his “Exploding Torpedo.”
Roberts used his invention to improve oil recover by as much as 1200 percent. The invention, of course, has undergone much innovation since then to become the safe technology it is today that has spurred an American energy revolution.
WESTERN ND INCOMES AMONG HIGHEST IN THE NATION
Western North Dakota counties located in the oil patch boasted some of the highest household incomes in the nation, according to a compilation by the Forum last Saturday.
“The average adjusted gross income per return – a figure that includes all income sources, including royalties, dividends and interest – was among the 100 highest in the U.S. in eight North Dakota counties,” wrote the Forum. “None of those counties even ranked in the top 1,000 U.S. Counties 20 years ago.”
A study by North Dakota State University found that income supported by the petroleum industry accounted for 30 percent of all private sector wages and salaries and about 24 percent of all personal income in 2013.
Top 10 earning counties in N.D.
McKenzie County (Watford City)
Williams County (Williston
Dunn County (Killdeer)
Steele County (Finley)
Stark County (Dickinson)
Billings County (Medora)
Divide County (Crosby)
Burke County (Portal)
Cavalier County (Langdon)
Compiled from Fargo Forum, “Incomes Soar in ND,” April 18, 2015, A1.
IN CASE YOU MISSED IT: WHEN ‘BIG OIL’ IS MADE UP OF YOU AND ME
“Big Oil” has a negative connotation, but it shouldn’t. Big Oil in North Dakota isn’t about some faceless entity; it’s about each man and woman (more than 81,000 of them to be more precise), that make a living thanks to jobs provided by oil development, but who also live, work and play in North Dakota.