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
-
Continental Resources (CLR) PT Lifted to $185 at BofA/Merrill Lynch
-
Goldman Sachs Positive on Wattenberg/Bakken Plays (EOG) (CLR) (NBL) (OAS) (BCEI)
-
Abraxas Petroleum (AXAS) Prices 10M Common Offering at $5/Share
-
Deutsche Bank Starts Hess Corp. (HES) at Buy
-
Calumet Specialty Products (CLMT) to Invest in GTL Plant Joint Venture
-
Notable Mergers and Acquisitions of the Day 06/05: (RRMS)/(CHK) (WPC)/(SJM) (PPG)
-
Chesapeake (CHK) Will Sell Crude Trucking Assets to Rose Rock (RRMS)
-
Rose Rock Midstream to Acquire Transportation Assets From Chesapeake
-
Fed's Beige Book: Moderate Expansion Continued
-
UPDATE: Global Hunter Securities Downgrades Triangle Petroleum (TPLM) to Neutral
-
Moody's Raises SM Energy (SM) to 'Ba1'; Notes Strong Production, Growth Momentum
-
BofA/Merrill Lynch Upgrades Enerplus (ERF) to Buy
-
Core Laboratories N.V. (CLB) Guides Q2 Below Consensus; Updates FY14 Outlook
-
U.S. Energy Corp. Reports First Quarter 2014 Highlights and Selected Financial Results
-
Halcon Resources Announces First Quarter 2014 Results
-
Gulfport Energy Corporation Reports First Quarter 2014 Results
-
Wunderlich Securities Upgrades EOG Resources (EOG) to Buy
-
EOG Resources, Inc. (EOG) Tops Q1 EPS by 20c
-
ConocoPhillips (COP) Tops Q1 EPS by 25c
-
Imperial Capital Starts Abraxas Petroleum (AXAS) at In-Line (Earlier)
-
Hess Corp. (HES) Tops Q1 EPS by 36c
-
SM Energy (SM) Tops Q1 EPS by 10c, Proves Operations Update
-
Lilis Energy's Board of Directors Announces New Executive Management Appointments
-
Crescent Point Energy (CPG) to Acquire CanEra Energy for $1.1B
-
UPDATE: Global Hunter Securities Starts Occidental Petroleum (OXY) at Neutral
-
Goldman Raises PT on E&Ps by 6% (EOG) (NBL) (SWN)
-
U.S. Energy Corp. Provides Operational Update
-
Deutsche Bank Downgrades Oasis Petroleum (OAS) to Hold
-
Targa Resources (NLGS) Sees Q1 adj.-EBOTDA of $210M; Updates on Operations
-
Targa Resources Provides Update on Financial Outlook and Announces New Growth Projects
-
Notable Mergers and Acquisitions of the Day 03/28: (WOR) (SWY)
-
Worthington Industries (WOR) Acquires Steffes Corporation; No Terms
-
Notable Mergers and Acquisitions of the Day 03/26: (FB) (SAP) (YONG) (CLMT) (PPG)
-
Calumet Specialty Products (CLMT) to Acquire ADF Holdings in $235M Deal
-
EOG Resources (EOG) PT Raised to $234 at Goldman Sachs
-
Vermilion Energy (VET) to Acquire Private Saskatchewan Producer Assets in $400M Deal
-
UPDATE: Global Hunter Securities Upgrades Abraxas Petroleum (AXAS) to Accumulate
-
U.S. Energy Corp. Reports Year End 2013 Highlights and Selected Financial Results
-
Wunderlich Reiterates Buy on Nuverra Environmental Solutions (NES)
-
Cowen Lifts PT on Capstone (CPST) to $2.70; New ND Flaring Restrictions, Transportation Could Drive Upside
-
Nuverra Environmental (NES) Target Raised to $23 at Needham & Company
-
Nuverra Environmental Solution (NES) Reports Q4 Loss of 42c, Offers Outlook
-
Wunderlich Reiterated Buy on Nuverra Environmental Solutions (NES)
-
UPDATE: UBS Downgrades Continental Resources (CLR) to Neutral
-
EOG Resources (EOG) PT Raised to $214 at Deutsche Bank
-
Gulfport Energy Corporation Reports Fourth Quarter and Year-End 2013 Results
-
Halcon Resources Announces Fourth Quarter and Full Year 2013 Results
-
Quality Distribution, Inc. Announces Fourth Quarter and Full Year 2013 Results
-
Denbury Reports 2013 Fourth Quarter and Annual Results
-
Legacy Reserves LP Announces Fourth Quarter 2013 Results, Annual 2013 Results and 2014 Guidance


