Kalispell’s newest food establishment, Urban Bricks, held its grand-opening February 16. The restaurant, located at 635 Treeline Road, served free pizza. Urban Bricks is a new franchise business.
Montana’s Small Business Development Center network supported the creation or retention of nearly 500 jobs in 2018 as its assisted small businesses growth and development.. The 2018 Annual report finds the SBDCs supported Montana entrepreneurs to successfully launch 58 new businesses. In 2018, the state ranked number one in the U.S. for the share of the workforce employed by small businesses. Since being formed in 1989, the Montana SBDC network has assisted more than 29,000 entrepreneurs through technical assistance, business planning and accessing capital.
Audrey’s Pizza has announced plans for a second location with a brewery in midtown Bozeman. The new location will be at Aspen Street and Seventh Avenue. After an addition of a second floor it will be about 5,000 square feet
The Montana Farm Bureau celebrated its 100th birthday Feb. 13 at the Montana State Capitol.
The State of North Dakota posted another record month of oil production for December, topping 1.401 million barrels per day in production. Director of Mineral Resources Lynn Helms said the month over month increase in production was almost 25,000 barrels per day higher, or a 2 percent increase
ONEOK, Inc., based in Tulsa, OK with operations in North Dakota and Montana, announced higher fourth-quarter and full-year 2018 results, compared with the same periods in 2017. “As we look ahead, 2019 will be a year of project execution, positioning ONEOK for strong earnings growth in 2020,” said Terry K. Spencer, ONEOK president and chief executive officer. “With continued production improvements and a large inventory of flared natural gas in the Williston Basin, we expect to immediately benefit from the completion of the Demicks Lake I natural gas processing plant, which we anticipate will start operations nearly full in the fourth quarter 2019. We expect volume to reach approximately 100,000 bpd on our Elk Creek Pipeline in the first quarter of 2020 from Demicks Lake I, third-party processing plants and NGLs currently being railed from the basin. The projects we’re placing in service this year and in early 2020 will provide much needed natural gas processing and NGL takeaway capacity, and are expected to drive volume and earnings growth,” The Elk Creek Pipeline is being constructed to transport unfractionated natural gas liquids (NGLs) from near ONEOK’s Riverview terminal in eastern Montana to its existing Mid-Continent NGL facilities in Bushton, Kansas. The approximately 900-mile, 20-inch diameter pipeline will complement the company’s existing Bakken NGL Pipeline and Overland Pass Pipeline, of which ONEOK owns 50 percent.
Also— ONEOK Inc. is building a companion gas plant at a cost of $410 million. The new plant is scheduled to come on line in the first quarter of 2020. The 200 Mmcf per day Demicks Lake II plant is to be located on ONEOK’s acreage northeast of Watford City, and will be the sixth processing facility built by ONEOK. The Demicks Lake I plant is already under construction, and is expected to reach its 200 Mmcf a day capacity shortly after it is completed in the fourth quarter of 2019… Bringing both plants online will increase processing capacity in the Williston Basin to more than 1.4 billion cubic feet per day. (Oil Patch Hot Line)
The Ranch at Rock Creek, Phillipsburg, earned a five-star rating from Forbes for a record sixth year in a row. No other guest ranch in the world has been so recognized. It’s the only Forbes five-star guest ranch in Montana.
Average single-family home prices and pending sales jumped in an increasingly competitive sellers’ market in January, according to the Gallatin Association of Realtors. The number of new single-family listings fell from 123 in January 2018 to 113 last month, while the number of pending sales increased 15.1 percent from 106 to 122. Additionally, the median sales price also jumped 21.4 percent, from $392,500 last January to $476,500 this January. The month’s supply of inventory decreased 15.2 percent, from 3.3 to 2.8. The median sale price in the condo/townhouse market jumped 19.1 percent, from $279,750 in January 2018 to $333,200 last month. The number of pending sales decreased 17.2 percent, from 64 to 53. New listings were down 3.3 percent in January 2019 compared to the same period last year, falling slightly from 60 to 58, while average days on market dropped 10.4 percent, decreasing from 67 last January to 60 last month. The month’s supply of inventory dropped 28.6 percent, decreasing from 3.5 to 2.5.
Owners of the Glasgow brewery, Busted Knuckle Brewer, Ben and Connie Boreson have offered to purchase a former building owned by the North Dakota Highway Department in Williston, ND, in order to expand their business. The Williams County Commission unanimously accepted a $700,000 bid from the Boresons. Their brewery in Glasgow is in a converted garage and Boreson said the plan is to do the same with the old highway department building. The plan is to create a brewpub with seating for between 200 and 250 people.
Cold weather was blamed for a slight dip in North Dakota oil and gas production in November 2018, as daily production dropped 15,566 BOPD to 1,375,803 BOPD from 15,237 wells. (Oil Patch Hot Line)
The Montana Department of Transportation is seeking comments on a proposal to resurface about 11.5 miles of Interstate 94 west of Rosebud in Rosebud County. The project begins at the Rosebud Creek Road Interchange and extends east for 11.6 miles, ending at Calamity Jane Lane/Bennett Lane.