Bakken Formation
The Bakken Formation is a rock unit occupying a substantial part of the subsurface of the Williston Basin, in Montana, North Dakota, and Saskatchewan and is believed to hold a significant amount of oil shale. The state of North Dakota released a report in April 2008 that estimated there are 167 billion barrels of oil in the Bakken. However, the report also concluded that current technology could only extract 1% or 2.1 billion barrels from the Bakken. In report published by the USGS in April 2008, the amount of technically recoverable oil in the Bakken Formation is at 3.0 to 4.3 billion barrels.
-
Velocity Midstream Partners Announces the Completion of Its 12" Crude Oil Pipeline Loop through the SCOOP Play and the Construction of a 12" Merge Pipeline Extension with Connections to CVR
-
Andeavor Logistics LP Reports Fourth Quarter and Full Year 2017 Results
-
Sunoco, behind protested Dakota pipeline, tops U.S. crude spill charts
-
Plains All American Pipeline, L.P. and Plains GP Holdings Report Third-Quarter 2015 Results
-
Plains All American Pipeline, L.P. and Plains GP Holdings Report Second-Quarter 2015 Results
-
Saddlehorn Pipeline to Add New Origin at Carr, CO
-
Plains All American Pipeline, L.P. and Plains GP Holdings Report First-Quarter 2015 Results
-
Values Could Emerge in MLP Sell-Off, Says Wells Fargo (ETE) (KMI) (MWE)
-
Notable Mergers and Acquisitions of the Day 12/05: (FCX)/(MMP)/PXP) (HBC) (AOL) (PAA)
-
Plains All American (PAA) to Acquire Oil Terminals from U.S. in $500M Deal
-
Credit Suisse Increases Price Target on Plains All American (PAA), Maintains Outperform Rating
-
Plains All American Pipeline (PAA) Announces $210M Acquisition of Bakken Crude Oil Entities
