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Bakken oil boom expected to last

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FARGO -- Eighty-five drilling rigs were burrowing in North Dakota's oil patch last week, each spending an average of $1 every second to pay costs including workers, fuel and electricity.

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"That's a pretty major investment in the North Dakota economy every minute of every day," said Lynn Helms, director of the state Department of Mineral Resources.

Oil and gas development contribute between $700 million and $900 million per biennium in revenues for state government, he said.

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