pump jacks (copy)

Pump jacks pull oil to the earth's surface from deep underground in February 2020 on the Fort Berthold Indian Reservation.

North Dakota has set the parameters for a May 20 hearing into when and under what circumstances oil prices are so low production should constitute waste under its Century Code, as well as what relief is appropriate and necessary in that case.

The hearing does not mean the state will necessarily declare oil production a waste, oil and gas officials have stressed.



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