WATFORD CITY REAL ESTATE 701-842-4500WATFORDCITYREALESTATE.COM
North Dakota’s Finest Development Opportunity
Ideal Opportunity for Investment • Development
McKenzie CountyWatford City, North DakotaCENTER OF THE BAKKEN SHALE PLAY
Watford City.The city that re-investsin itself for a brighter future.• Bypass Opens October 2014
• $56 million Community Event Center
• $55 million Mckenzie County Healthcare Facility
• $50 million Watford City High School
• $3.5 million Airport Expansion
Divide
Williams
Burke
Mountrail
McKenzie
32.5%
Dunn
Ward
Bottineau
McHenry
McLean
Merces
Oliver
Morton
Grant
Stark
Billings
Slope
GoldenValley
Renville
“There is part of the Bakken and Three Forks
play that has the best rate of return of any of the
other Shale basins in terms of oil and natural gas
production,” states Helms. “It is that area we
always talk about that is in a rectangle from
Watford City to Ray, over to Stanley and down
to Killdeer. Within that area is very high initial
production (I.P.) rates and high rates of return.”
According to Helms, the high I.P. rates within this
rectangle are also the reason why the Industrial
Commission is reporting a slow and gradual
increase in the rig count. In fact, of the 191 drill-
ing rigs that are currently operating in the state,
140 are concentrated within that rectangle.
As of June 2014, McKenzie County is producing 32.5% of all oil coming out of
North Dakota.
The impact of the Bakken is evident throughout
western North Dakota, particularly so in Watford
City. A once quiet community on
the edge of the scenic North
Dakota Badlands used to welcome
visitors to a bit of the Old West.
Now it is renowned for something
else: the epicenter of the Oil
Boom.
The latest numbers for North
Dakota show that McKenzie
County now has a solid hold as
the state’s top oil producing county. Watford
City, the county seat of McKenzie County, is
currently home to more drilling rigs than any
other county. McKenzie County produced
296,083 bopd this April to become the largest oil
producing county in the state. Mountrail County,
the next-closest ranked county in North Dakota,
produced 235,455 bopd in the month of April.
According to the Department of Mineral
Resources, Mountrail County had long held the
position of ground zero for oil development and
a front runner in oil production.
However, since April of 2013 the drilling has
substantially shifted west into the interior of the
Bakken Formation due to the quality and natu-
ral conditions with McKenzie county at
the epicenter.
Extent of the Bakken
Projected Population Growth*
TABLE TOTAL POPULATION, 2000 TO 2025
Area 2000 2010Change: 2000 to
2010
Projections Change: 2010 to 20252015 2020 2025
Region 1 27,781 30,829 11.0% 50,529 66,938 73,164 137.3%
Divide 2,283 2,071 -9.3% 3,273 4,313 4,948 138.9%
McKenzie 5,787 6,360 10.9% 11,771 15,550 17,110 169.0%
Williams 19,761 22,398 13.3% 35,485 47,075 51,106 128.2%
Williston 12,512 14,716 17.6% 23,481 30,756 32,860 123.3%
*According to the North Dakota Housing Finance Agency in the 2012 Statewide Housing Needs Assessment
Projected Housing Needs*
TABLE TOTAL OCCUPIED HOUSING UNITS, 2000 TO 2025
Area 2000 2010Change: 2000 to
2010
Projections Change: 2010 to 20252015 2020 2025
Region 1 11,251 12,672 12.6% 21,967 30,003 33,844 167.1%
Divide 1,005 1,012 0.7% 1,526 2,058 2,407 137.8%
McKenzie 2,151 2,468 14.7% 4,834 6,585 7,345 197.6%
Williams 8,095 9,192 13.6% 15,607 21,360 24,092 162.1%
Williston 5,297 6,000 13.3% 10,406 14,044 15,536 158.9%
*According to the North Dakota Housing Finance Agency in the 2012 Statewide Housing Needs Assessment
• 25 - 44 year olds - 295% • 45 - 64 year olds - 184% • Ages 65 and older - 141% • Ages 25 and younger - 85%
Increase in Population Breakdown by Age:
Economic envy of the nation.
Move over Hawaii!
North Dakota is now the happiest state in the union. According to Gallup’s annual well being poll released February 20, 2014, North Dakota ranks #1.
Projected Increase In Income Change*
TABLE - NUMBER OF HOUSEHOLDS BY INCOME LEVELS AS A PERCENT OF THE MEDIAN FAMILY INCOME (MFI), 2010-2025
Area
Extremely low: 0-30% MFI (Less than $20,000 in 2010)
Very Low: 31-50% MFI ($20,000 to $29,999 in 2010)
Low Income: 51-80% MFI ($30,000 to $49,999 in 2010)
Moderate 81-115% MFI ($50,000 to $74,999 in 2010)
Upper Above 115% MFI ($75,000 or more in 2010)
2010 2025%
Change2010 2025
% Change
2010 2025%
Change2010 2025
% Change
2010 2025%
Change
Region 1 2,082 5 ,173 148.5% 1,275 3,327 160.9% 2,627 6,942 164.3% 2,638 7,308 177.0% 4,050 11,093 173.9%
Divide 216 529 144.9% 112 276 146.4% 212 507 139.2% 179 408 127.9% 293 687 134.5%
McKenzie 444 1,176 164.9% 278 802 188.5% 557 1,659 197.8% 552 1,747 216.5% 637 1,961 207.8%
Williams 1,422 3,468 143.9% 885 2,249 154.1% 1,858 4,776 157.1% 1,907 5,153 170.2% 3,120 8,445 170.7%
Williston 977 2,323 137.8% 560 1,401 150.2% 1,292 3,287 154.4% 1,193 3,255 172.8% 1,978 5,271 166.5%
*According to the North Dakota Housing Finance Agency in the 2012 Statewide Housing Needs Assessment
North Dakota’s leaders like to refer to their state as the economic envy of the nation, and the numbers seem to back them up. According to the most recent personal income report from the Federal Bureau of Economic Analysis, the oil-rich plains state is once again leading the
nation in personal income growth. This marks the sixth time in the past seven years North Dakota has had the fastest personal income growth in the nation. The state now ranks third in the nation in per capita personal income.
McKenzie County’s population will experience the most growth in the state tripling in size over the next 15 years.Recently, four analysts have re-evaluated the
future of the Bakken and Three Forks shale play.
Experts say in the McKenzie, Divide and Williams
county area, the industry will continue to grow
through 2039. Indications show a bright future.
• 14,000 more jobs through 2039
• 14,000 more permanent housing units
• 30,000 more people to come to the area
According to Lynn Helms, the Department of
Mineral Resources director, the Bakken and Three
Forks play are now estimated to hold 10 to 14
billion barrels of recoverable oil. Continental
Resources, one of the largest lease holders in the
state, believes the total is closer to 32 to 36 billion
barrels. With the evolution of fracking technology
and drilling production going deeper into the
Three Forks shale, it is expected that results will
show an increase of 57% more oil production.
Projected Employment Figures*
Employment Figures and Projects for Oil-Impacted Counties in North Dakota, 2000 to 2036*
140,000
120,000
100,000
80,000
60,000
40,000
20,000
0
20
00
20
03
20
06
20
09
20
12
20
15
20
18
20
21
20
24
20
27
20
30
20
33
20
36
TotalEmployment
PermanentEmployment
TemporaryEmployment
*North Dakota State University Department of Agribusiness and Applied Economics
NorthDakota has been
riding a wave of aggressive energy development starting in 2006 when oil discovered in the Parshall Oil Field set
off what is widely called the Bakken Oil Boom.
How long will it la
st?
The Bakken and emerging Three Forks formations in
North Dakota and eastern Montana stand out from
other shale areas for a host of reasons. For starters,
the formations have a large amount of relatively
more profitable oil reserves, as opposed to gas
reserves. The Bakken region also had a moder-
ately small pre-boom population work force and
little oil /gas infrastructure. As oil drilling and
production has increased, it’s generated a high
fraction of well-paid employment in oil and gas
related activities compared with other shale
areas, thus helping to drive unemployment
rates down and average wages up.
In 2011, projections estimated 30,000 to
35,000 wells. The latest projections indicate
total wells in the region to be as high as
40,000 to 50,000 wells. The pattern here is
the well count numbers are going up, not
down. Though the size and shape of the
energy play will likely change with time,
the western part of the state will be likely
feeling the effects of the energy play for
the next 25+ years!
Invest in the Bakken.
In 2014, an average of
24,012 jobswere supported by oil and gas extraction
and direct support activities in North Dakota.
=20 20 20 20 20 20
Each drilling rig results in about 120 direct and indirect jobs.
200
180
140
100
60
20
2006 2007 2008 2009 2010 2011 2012 2013
193 rigson average operated in North Dakota in 2013. The drilling rig count is a prime barometer for measuring new oil and gas activity. The all-time high was 218 rigs on May 29, 2012.Statistics provided by American Petroleum Institute, Job Services ND, ND Department of Mineral
Resources, ND Pipeline Authority, ND State Land Department, Office of State Tax Commissioner, US Forest Service, Energy Information Service, Energy Information Administration, Information compiled by North Dakota Petroleum Council. northdakotaoilcan.com
countyMcKenzie
McKenzie County Economic Development
McKenzie County has many resources to help you find financing, a building, available labor or transportation. The County Job Development Authority was established to promote primary sector business development. The JDA works with the Watford City Economic Development Corporation to identify and assist new and expanding business. The JDA also works closely with the Small Business Development Center, which is open to help new and existing busi-ness owners with all facets of owning and operating businesses. That includes business plans, cash flows, loan preparations, research and many other small business items.
Interested in starting a business in McKenzie County?
If you’re a housing developer, please see information at: http://ccondev.mckenziecounty.net where you can find rules and regulations about developing housing in McKenzie County and how to get an application for the JDA.
Gene Veeder Office: 701-444-2804 [email protected]
McKenzie County Oil Industry Jobs
Prod Jobs Gathering Jobs Fracking Jobs Drilling Jobs
It’s what’s beyond the horizonthat may surprise you...
Watford City is re-investing in itself.
Watford City High School
Over Ninety percent of voters overwhelmingly said yes to a bond measure, which means the McKenzie County School District can proceed with financing a $50 million high school to house grades 7-12. The new high school that broke ground on July 24, 2014 and is scheduled to be complete in 2015, and will have a capacity of 800 students. School enrollment in Watford City has doubled since 2010.
McKenzie County Healthcare System (MCHS) began construction June 2014 on a new $55 million medical facility.
Medical Facility
Watford City Developments RESIDENTIAL
MIXED
COMMERCIAL
LIGHT INDUSTRIAL
1 Stenehjem Commons
2 Fox Hills Estates
3 Fox Hills Village
4 Rolling Hills
5 Coltown West
6 Coltown East
7 Triton Main Street
8 The Crossings
9 Hunters Run
10 Watford City Town Center
11 South Park Commercial
12 Watford Square
13 Countryside Estates
14 Emerald Ridge
15 The Highlands
16 Madison Heights
17 Pheasant Ridge
18 Dakota Ridge
19 Bison Run
20 Watford Landing
21 GTI Industrial Park
22 Buffalo Hills
23 Tara Estates
24 The Homestead
25 Johnson’s Landing
CONCOURSE
VEST. HOCKEY LOBBY
WORK RM
CONF
OFFICES
STORAGE
CONF
CONVENTION
SEATING
CONCESSIONS
WOMENSMENS
ADMINISTRATIONRECEPTION
CONCOURSE/WALKINGTRACK
POOL VIEWING
SEATING
2,700 TOTALBASKETBALL SEATING
425 SEATS
1000 SEATS
CONCOURSE
TICK
ETS
ROOFAREA
JANITORCLOSET
CANOPY ABOVE
CANOPY ABOVE
DN
UP
DN
UP
CONCESSION
(850
'/LAP
)
BANQUET SEATING: 400ASSEMBLY SEATING: 1200
MAIN RINKPRACTICE RINK FIELDHOUSE
SUITE LEVEL ABOVEOPEN TOBELOW
OPEN TOBELOW
COMPETITION/LEISURE POOL
WOR
K ST
ATIO
NS
SUITES
N
SUITE LEVEL
0' 20' 40'
14Golf
Course
17
23
1
25
10
2424
8
13
5acres
FOR SALE
commercial
WATFORD CITY REALTY © 2014
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1918
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345acresfor sale
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1806
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20
12th St SE
125th Ave NW
Main St N
30th Ave NE
32nd Street
14th St SW
11th Ave SW 11th Ave SE
24th Ave SW
128th Ave NW
16
5 67
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Find us at329 North Main Street
Watford City, ND58854
Location of new $50 million high school and $56 million community event center.
Watford City
McKenzie County
NEW BYPASS
WATFORD CITY ETA
The Watford City Municipal Airport is reportedly receiving five times more air traffic than what it was three years ago. This year, the airport board began two major projects. They also began the construction to expand the parking apron and build a new airport terminal for roughly $3.5 million. A long term plan has been established to update and expand the airport to accommo-date more traffic and larger planes.
Location of new $4.7 million Child Day Care facility. It’s the largest in North Dakota.
NEW BYPASS
More oil than Saudi ArabiaThe economy is in overdrive, thanks
to the oil boom that has transformed
the state over a few short years
creating an unprecedented growth
in the region. The increase in drill-
ing activity in the Bakken has led to
robust growth in oil and natural gas
production.
North Dakota’s oil production in-
creased about 10-fold since 2001,
and the state is now the second larg-
est oil producer in the United States
after Texas. Using a geology-based
assessment methodology, the U.S.
Geological Survey estimated mean
undiscovered volumes of 7.4 billion
barrels of oil, 6.7 trillion cubic feet of
associated/dissolved natural gas
and 0.53 billion barrels of natural
gas liquids in the Bakken and Three
Forks Formations in the Williston
Basin Province of Montana, North
Dakota and South Dakota. New oil
technologies and techniques have
contributed to the area’s explosive
growth. Horizontal drilling is utilized
to traverse through different pock-
ets of oil and gas reserves so as to
increase the rate of success when
drilling development wells. Fracking
technology is also being utilized to
increase production over a shorter
period of time, thereby significantly
reducing the wells’ operating costs.
The Tesoro refinery in Mandan, North Dakota has a daily capacity of 68,000 barrels. A diesel refinery is being constructed near South Heart, North Dakota that will process 20,000 barrels of Bakken crude oil per day. When completed in late 2014, it will be the first refinery built since 1977.
Advanced fracking technology developed in North Dakota.
Statistics provided by American Petroleum Institute, Job Services ND, ND Department of Mineral Resources, ND Pipeline Authority, ND State Land Department, Office of State Tax Commissioner, US Forest Service, Energy Information Administration, Information compiled by North Dakota Petroleum Council. northdakotaoilcan.com
ONEOK to invest over $7 billion in new gas production through 2016.
ONEOK Partners (#219 Fortune 500 list) plans
to build its sixth natural gas processing plant.
The Lonesome Creek plant, to be built in McK-
enzie County, will be capable of processing 200
million cubic feet of natural gas per day. The
plant and related gas gathering infrastructure
will cost between $550 million and $680 million
to build. The plant is expected to be completed
by the end of 2015. It will be ONEOK Partners’
largest plant with a capacity double that of any
of its largest existing plants and will increase the
company’s total natural gas processing capacity
in the basin to about 800 million cubic feet per
day. Other plants in McKenzie County that are in
development include the Garden Creek III plant,
a 100 MMcf/d natural gas processing plant due to
be completed first quarter 2015. Also in develop-
ment is the Demicks Lake plant. ONEOK Partners
LP plans to invest up to $785 million to build this
200-million cubic-feet-per-day natural gas-pro-
cessing plant. ONEOK expects to complete this
plant by the end of the third quarter in 2016.
Natural Gas is a byproduct of oil;
production of natural gas in the state is expected
to increase over the next15 to 20 years
paralleling the oil production.
2013, North Dakota produced
of natural gas and sold 232 billion cubic feet of natural gas.
346BILLION CUBIC FEET
April 2014,North Dakota produced
1,001,149 barrels of oil and1,133,742 cubic feet
of natural gas per day.
22GAS PLANTS operate in North Dakota with enough
capacity to process 1.3 billion cubic feet per day of natural gas.
Statistics provided by American Petroleum Institute, Job Services ND, ND Department of Mineral Resources, ND Pipeline Authority, ND State Land Department, Office of State Tax Commissioner, US Forest Service, Energy Information Administration, Information compiled by North Dakota Petroleum Council. northdakotaoilcan.com
Propelled by a massive energy boom, North Dakota once again captured the title of the nation’s hottest
economy and fastest growing state, with a growth rate five times the national average, according to a recent report from the Commerce Department. Attracted by
six-figure salaries and an unemployment rate below 3%, workers from across the country continue to flock to the Bakken Shale region in the northwest part of the state.
Third year in a row North Dakota
takes the top spot.
A new recruiting campaign called “Find the Good Life in North Dakota,” just rolled out this summer in 2014. The North Dakota Economic Development Foundation’s aim is to fill more than 25,000+ jobs -- ranging from truck drivers and oilfield workers to receptionists and food servers. North Dakota has been struggling to attract enough qualified people to work extracting oil from the state’s reserves.
The ad campaign, which targets states with high and persistent unemployment, “emphasized the career opportunities available in North Dakota and promoted the things that make
the state a great place to live, work and raise a family.”
North Dakotainvests in mediacampaign todraw permanentresidents.
InformationDirectoryBUSINESS McKenzie County Economic Development & JDA 701-444-2804 201 5th Street NW Watford City
North Dakota Small Business Development Center Williston State College 701-774-4279 Williston, ND
EMPLOYMENT Job Service, ND 800-247-0989 www.jobsnd.com
WORKFORCE TRAINING Train ND 866-938-6963 www.trainnd.com
Petroleum Safety & Tech Center 701-572-2834 www.wsc.nodak.edu/workforce
RESOURCES Watford City Post Office 701-842-2213 212 2nd Street NE Watford City
All mail delivery in Watford City is via PO Box. Contact Post Office for a box number assignment and key. Rural routes have rural mail carriers.
The Mail Masters701-842-6441204 North Main StreetWatford Citywww.themailmasters.com
McKenzie County Farmer701-842-23S1PO Box 587Watford City, NO 58854www.watfordcitynd.com
Plains Reporter701-572-2165P.O. Box 1447Williston, ND 58802
The Roundup800-749-3306P.O. Box 1207Sidney, MT [email protected]
The Shopper701-572-4851www.theshopperinc.net
TITLE/INSURANCEND Guaranty & Title Co.701-842-3366 229 N. Main StreetWatford City
PRODUCTS/SERVICESMohave Engineering Assoc, Inc.228 N. Main StreetWatford City, ND701-204-0691
FACILITIESWatford City Civic Center701-444-2533 112 2nd Avenue NE
McKenzie County Multi-Pur-pose Building & Fairgrounds701-675-2330701-675-2016701-842-2333
McKenzie County Public Library Veteran’s Memorial Building701-444-3785 112 2nd Avenue NE
Veteran’s Memorial Building701-444-2533 112 2nd Avenue NEWatford City
EMERGENCY*for emergencies dial 91 1
Medical/AmbulanceMcKenzie County HealthcareSystems701-842-3000516 N Main StreetWatford Citywww.mckenziehealth.com
AUTOMOBILE REGISTRATIONMotor Vehicle Branch701-444-3457 Ext. 281201 5th St NWWatford City, ND
Nonresidents gainfully employed in this state and driving vehicles that are not registered with the state of North Dakota are subject to temporary registration for a minimum of 6 months.
Temporary registration includes car, pickup, truck, ractor, travel, commercial trailer, and motor-cycle. You may register at the Watford City Motor Vehicle Branch or online at: https://se-cure.apps.state.nd.us/dot/mv/mvrenewal/tempRegWelcome
TRANSPORTATIONBUS SERVICENorthwest Dakota Public Transit888-681-2976
Public and handicappeddoor to door service701-577-6753701-842-3760 18 Main StreetWilliston, NDServing McKenzie, Williamsand Divide Counties
RAILAmtrack800-872-7245www.amtrak.comNearest service location from Watford City is Williston (5O miles NW). Operates daily between Portland, Seattle and Chicago.
AIR Sloulin Field International Airport 701-774-8594 (5O miles NW of Watford city) Hwy 2 and Hwy 85 N Williston, ND 58801 Williston provides Delta/United non-stop jet service to Denver, Minneapolis & Houston.
Sidney-Richland Airport (55 miles SW of Watford City) 406-433-2415 540 Airport Road Sidney, MT 59270 www.richland.org/airport Sidney provides Cape-Air non-stop flights to Billings.
Dickinson Theodore Roosevelt Regional Airport (88 miles SE of Watford City) 701-483-1062 11120 42nd Street SW Dickinson, ND 58601 www.dickinsonairport.comDickinson provides Delta/
United non-stop jet service to Denver, Minneapolis. Great Lakes Airways to Denver.
Watford City Municipal Airport 701-770-7171701-570-2646
Minot International Airport (120 miles NE of Watford City) 25 Airport Road Minot, ND 58703
RECREATIONWatford City Municipal Golf Course 2 miles E on Hwy 23 701-842-2077
UTILITIES Montana Dakota Utilities (MDU) (In Watford City) 800-638-3278www.montana-dakota.com
McKenzie Electric CO-OP (REC) (Outside Watford City) 701-444-9288 www.mckenzieelectric.com
City of Watford City 701-444-2533 213 2nd Street NE Watford City, ND
McKenzie County Landfill 701-583-3445 Hwy 85
Reservation Telephone CO-OP(RTC) (Watford City) 701-862-3115888-862-3115 www.reservationtelephone.com
DirectTV 800-280-4388www.directtv.com
Dish Network 800-668-6071 www.accessdishtvsource.com
HOSPITALS & CLINICS McKenzie County Memorial Hospital701-842-3000 516 N Main StreetWatford City www.mckenziehealth.com
McKenzie County Clinic 701-842-3771 525 N Main Street Watford City
Anova Clinic701-842-6400 301 12th Street SEWatford City
Maisey Dental Clinic701-842-4474109 5th Street SWWatford City
Joy Dental Design701-842-6197
Nordby Vision Center701-444-3221109 5th StreetWatford City
Trauger Chiropractic Center701-842-2917105 2nd Avenue NEWatford City
Badlands Occupational TestingServices701-842-2326105 Main Street SWatford City
Barrett Pharmacy701-842-3311 145 N Main StreetWatford City
Larsen Service Drug, Inc.701-444-2410 244 N Main StreetWatford Citywww.larsenservicedrug.com
REAL ESTATEWatford City Real Estate701-842-4500 329 N Main StreetWatford Citywww.watfordcityrealestate.com
Invest in a high-end employee housingfacility in the heart of the Bakken!
• 64 units: 36 duplexes, 18 Single Family
Homes, 10 Plex
• 100% occupancy!
• 17 Acre Site
701-842-4500 WATFORDCITYREALESTATE.COM
The North Dakota Petroleum Council reported the state’s oil production surpassed 1 million barrels per day in April of 2014. This put North Dakota in an exclusive group of only a few countries, states, provinces and oilfields to do so. The production report states that North Dakota produced 1,092,617 barrels of oil per day and 1,253,154 MCF of natural gas per day. McKenzie County not only led the state in production, it accounted for 32.5% of the state’s total natural gas production. In June, McKenzie County produced 10,665,261 total barrels of oil and 15,628,542 total MCF of natural gas. The state also caught up on well completionsby June. A total of 11,287 wells were in production by July 2014, up from 10,023 in November of last year. McKenzie County alone contains nearly 25% of all working wells in North Dakota.
Oil production surpasses 1 million barrel mark.
The Bakken produces more crude oil than any other unconventional play in the world.
Call for details on this outstanding Investment Opportunity701-842-4500 watfordcityrealestate.com