{"id":86201,"date":"2015-10-30T14:32:25","date_gmt":"2015-10-30T19:32:25","guid":{"rendered":"http:\/\/csinewsnow.com\/?p=86201"},"modified":"2015-10-30T14:32:25","modified_gmt":"2015-10-30T19:32:25","slug":"depressed-prices-inventories-oil-wells","status":"publish","type":"post","link":"http:\/\/csinewsnow.com\/?p=86201","title":{"rendered":"Depressed prices, inventories oil wells"},"content":{"rendered":"<p><a href=\"http:\/\/csinewsnow.com\/wp-content\/uploads\/2013\/07\/tankeroilcar.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-23497\" alt=\"tankeroilcar\" src=\"http:\/\/csinewsnow.com\/wp-content\/uploads\/2013\/07\/tankeroilcar.jpg\" width=\"260\" height=\"144\" \/><\/a>BISMARCK, N.D. (AP) \u2013 Officials say depressed oil prices have helped build an inventory of about 950 drilled but uncompleted wells in North Dakota.<br \/>\n\u00a0<br \/>\n\u00a0\u00a0\u00a0\u00a0 Companies are supposed to bring the wells online within a year. But North Dakota\u2019s Industrial Commission is giving drillers an extra year, hoping for a rebound in crude prices that would provide the state with a better long-term payoff in tax revenue.<br \/>\n\u00a0<br \/>\n\u00a0\u00a0\u00a0\u00a0 North Dakota Department of Mineral Resources spokeswoman Alison Ritter says unless oil prices rebound, the agency expects most drilled but uncompleted wells will begin being placed on temporary abandoned status at year\u2019s end.<br \/>\n\u00a0<br \/>\n\u00a0\u00a0\u00a0\u00a0 Mineral and landowners may object to the extensions but Ritter says that doesn\u2019t appear to be the case, as they, too, are hoping for a bigger payout that would come with increased crude prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BISMARCK, N.D. (AP) \u2013 Officials say depressed oil prices have helped build an inventory of about 950 drilled but uncompleted wells in North Dakota. \u00a0 \u00a0\u00a0\u00a0\u00a0 Companies are supposed to bring the wells online within a year. But North Dakota\u2019s Industrial Commission is giving drillers an extra year, hoping for [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":56851,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-86201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-state"],"_links":{"self":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/86201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=86201"}],"version-history":[{"count":2,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/86201\/revisions"}],"predecessor-version":[{"id":86205,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/86201\/revisions\/86205"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/media\/56851"}],"wp:attachment":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=86201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=86201"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=86201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}