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March 18, 2015

Petroleum conferences a chance for region to shine

A pair of upcoming petroleum industry conferences will give Rushmore Region officials an opportunity to promote the region as a good location to serve oil-and-gas plays in the Williston Basin of North Dakota, Montana and Saskatchewan, as well as the Powder River Basin in Wyoming and the Niobrara formation along the Wyoming-Colorado border.

The first event is the Manufacturing and Logistics Conference in Williston March 25 and 26. The second is the April 28 to 30 Williston Basin Petroleum Conference to be held in Regina, SK, Canada. Together, the events will put Rushmore Region economic development officials face-to-face with thousands of executives in the petroleum industry and their suppliers.

“With the recent dip in oil prices, companies are looking for more efficient ways to do business. The location of the Rushmore Region -- midway between three of the continent’s most important oil plays -- means they can efficiently meet their customers’ needs from one facility,” said Benjamin Snow, president of the Rapid City Economic Development Partnership. Snow will be attending the Regina event, along with officials from South Dakota’s Governors Office of Economic Development.

Rushmore Region officials have been attending the energy industry events for a number of years, and they have found a receptive audience for their message.

“These executives are well aware of the Rushmore Region, and we have some success stories we can share with them in terms of oilfield services companies locating in the Rushmore Region,” added Bryan Walker, executive director of the Spearfish Economic Development Corp.

Firms such as Adams ISC, Permian Tank and WL Plastics have located in the Rushmore Region in recent years in order to better serve the needs of their oilfield customers. In addition to a central location, the Rushmore Region also boasts a business-friendly climate, low taxes, a strong work ethic, lower-cost housing and economic diversity.

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