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.
View Older Stories View More Recent Stories
-
Summit Midstream Partners, LP Announces Closing of Drop Down Assets from Summit Investments
-
Lightstream Announces Fourth Quarter and Year-End 2015 Results
-
Freehold Royalties Ltd. Announces 2015 Fourth Quarter Results and Year-end Reserves, Adjusts Dividend
-
Fitch Expects to Rate ConocoPhillips' Senior Unsecured Notes 'A-'; Outlook Remains Negative
-
Newalta Reports Fourth Quarter and Year End 2015 Results
-
Essential Energy Services Announces Fourth Quarter and Year End Results and Declares Quarterly Dividend
-
Northern Oil and Gas, Inc. Announces 2015 Fourth Quarter and Full Year Results
-
Forestar Provides Additional Information on Execution of Key Initiatives and Reports Full Year and Fourth Quarter 2015 Results
-
Fitch Downgrades ConocoPhillips' Ratings to 'A-' from 'A'; Outlook Remains Negative
-
Whiting Petroleum Corporation President and CEO James J. Volker to Present at Raymond James Institutional Investors Conference
-
Oil and Gas Investor Honors Top Energy Firms with 'Excellence Awards'
-
At last, U.S. shale firms see output falling, but is it enough?
-
Cutting-Edge Silicon Valley CIOs to Talk Innovation and Leadership at HMG Strategy's Upcoming 2016 San Francisco CIO Executive Leadership Summit
-
Abraxas Provides Operational, A&D and Reserve Update
-
Summit Midstream Partners, LP Files 2015 Annual Report on Form 10-K
-
U.S. shale's message for OPEC: above $40, we are coming back
-
U.S. shale's message for OPEC: above $40, we are coming back
-
U.S. shale's message for OPEC: above $40, we are coming back
-
U.S. shale's message for OPEC: above $40, we are coming back
-
U.S. shale's message for OPEC: above $40, we are coming back
-
Insight: In slump, oil firms turn to labs, data centers for help
-
Insight: In slump, oil firms turn to labs, data centers for help
-
Insight: In slump, oil firms turn to labs, data centers for help
-
Insight: In slump, oil firms turn to labs, data centers for help
-
In slump, oil firms turn to labs, data centers for help
-
Insight: In slump, oil firms turn to labs, data centers for help
-
Waste Connections (WCN), Progressive (BIN) Receive HSR Approval for Proposed Combination
-
Waste Connections And Progressive Waste Solutions Announce Receipt Of HSR Approval For Proposed Combination
-
Securian Earns CEFEX Certification for Ninth Consecutive Year
-
Oil truck operator convicted in North Dakota murder-for-hire case
-
Summit Midstream Partners, LP Announces Drop Down of All Operating Assets from Summit Investments and Reports Fourth Quarter and Full Year 2015 Financial Results
-
EOG Resources Reports Fourth Quarter and Full Year 2015 Results and Announces 2016 Capital Program Focused on Premium Drilling Inventory
-
Halcon Resources Announces Fourth Quarter and Full Year 2015 Results
-
PHX Energy Announces its Fourth Quarter Results, Minimal 2016 Capital Expenditures Budget, and Elimination of Dividend
-
Midcoast Energy Partners, L.P. Makes K-1 Tax Packages Available Online
-
Enbridge Energy Partners, L.P. Makes K-1 Tax Packages Available Online
-
Energy Transfer Partners Reports Fourth Quarter Results
-
Energy Transfer Equity Reports Fourth Quarter and Full Year Results
-
Whiting Petroleum (WLL) Misses Q4 EPS by 13c
-
WPX Energy Announces 2015 Fourth-Quarter and Full-Year Results
-
Whiting Petroleum Corporation Announces Fourth Quarter and Full-Year 2015 Financial and Operating Results
-
Continental Resources Reports Fourth Quarter And Full-Year 2015 Results
-
QEP Resources Reports Fourth Quarter and Full Year 2015 Financial and Operational Results and Announces 2016 Guidance
-
Civeo Reports Fourth Quarter 2015 Results
-
SM Energy Reports 2015 Results and 2016 Operating Plan: Maintaining Balance Sheet Strength While Increasing Activity in the Permian
-
Nine Energy Completes First 50 Stage Divert-A-Frac System
-
Paradigm Energy Partners, LLC Closes Crude Oil Gathering Agreement with Major Producer in the Charlson Field of McKenzie County, North Dakota
-
Oil up 3 percent on March producers meeting, U.S. project delays
-
ONEOK Announces Fourth-quarter and Full-year 2015 Results
-
ONEOK Partners Announces Fourth-quarter and Full-year 2015 Financial Results
