Governor Bullock Praises a New Oil Field in Montana - KFBB.com News, Sports and Weather

Governor Bullock Praises a New Oil Field in Montana

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Governor Steve Bullock and company officials are praising the state's first production carbon dioxide injection oil field and are claiming it is a big step forward for the state.

Officials with Denbury Resources Inc. held a ribbon-cutting ceremony this Friday at their Bell Creek plant in southeastern Montana.

The company said it has invested more than $300,000,000 in an effort to revive the 1960s era oil field.

Carbon dioxide is piped to the plant from coal operations in Wyoming, and is then pumped underground to force out more oil.

Bullock has stated the technology is not only good for the environment by capturing the greenhouse gas, but it is also good for the economy by bringing more jobs and tax base to the state.

The company said it already has plans for an even larger recovery project on the Montana and North Dakota border.

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