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
-
Warning Issued on Bakken Shale Crude; Seen as More Flammable than Other Types
-
Abraxas (AXAS) Closes WyCross Divestiture; Issues Operations, Guidance Update
-
MDU Resources (MDU) Boosts FY13 EPS Outlook; S&P AffirmsCorp. Rating
-
Franchise Picks: The 20 Best Stocks to Buy - Jefferies
-
Marathon Oil (MRO) Plans Stronger Eagle Ford, Bakken Activity; Boosts Buyback to $2.5B
-
Abraxas (AXAS) to Sell Eagle Ford WyCross Assets in $73M Deal
-
ConocoPhillips (COP) Announces $16.7B Capital Budget for FY14
-
Crestwood (CMLP) (CEQP) Issues FY14 Operating Outlook
-
ONEOK Inc (OKE) Target Raised to $63 at Goldman
-
ONEOK Partners (OKS) Boosts FY14 Net Profit Outlook
-
Marathon Petroleum (MPC) to Serve as Anchor Shipper for Sandpiper Project (EEP)
-
Goldman Sachs Upgrades ONEOK Partners (OKS) to Neutral
-
Goldman Sachs Downgrades Halcon Resources (HK) to Sell
-
Western Refining (WNR)/ Northern Tier (NTI) Deal Good For Both Companies, Says Goldman
-
Notable Mergers and Acquisitions of the Day 11/12: (WNR)/(NTI) (HTLD) (INOC) (BIOL)
-
Western Refining (WNR) to Acquire ACON Investments in $775M Deal; Takes Stake in Northern Tier (NTI)
-
Deutsche Bank Starts Gulfport Energy (GPOR) at Buy
-
Imperial Capital Re-Starts Magnum Hunter (MHR) at In-Line
-
Abraxas Petroleum (AXAS) Tops Q3 EPS by 4c; Issues Q3 Update
-
UPDATE: Wells Fargo Downgrades Halcon Resources (HK) to Market Perform
-
Carbo Ceramics, Inc. (CRR) Tops Q3 EPS by 49c
-
Topeka Capital Raises SM Energy (SM) to Buy w/ $120 Target
-
JANA Partners Raises Stake in QEP Resources (QEP) to 7.53%; Seeks Separation of QEPFS from QEP, Return of Capital
-
Goldman Sachs Downgrades Laredo Petroleum (LPI) to Neutral
-
Goldman Sachs Starts Whiting Petroleum (WLL) at Neutral
-
Goldman Sachs Starts Kodiak Oil & Gas (KOG) at Neutral
-
Goldman Sachs Starts WPX Energy (WPX) at Sell
-
Goldman Sachs Starts Oasis Petroleum (OAS) at Conviction Buy, Sees 43% Upside
-
Deutsche Bank Upgrades Oasis Petroleum (OAS) to Buy
-
Topeka Raises Oasis Petroleum (OAS) to Buy on Williston Basin Deal
-
U.S. Silica (SLCA), Wildcat Minerals Enter Multi-Year Storage Agreement
-
ONEOK (OKS) to Purchase Nat-Gas Processing Facility for $305M
-
Brean Capital Upgrades Unit Corp. (UNT) to Buy
-
Continental Resources (CLR) Tops Q2 EPS by 8c
-
UPDATE: SunTrust Robinson Humphrey Upgrades Kodiak Oil & Gas (KOG) to Buy
-
Abraxas (AXAS) Updates on Eagle Ford, Williston Plays
-
Magnum Hunter (MHR) Issues Update for Company-Wide Upstream Ops
-
Notable Mergers and Acquisitions of the Day 06/25: (SSN) (AEGN)
-
Samson Oil & Gas (SSN) Sells Roosevelt Project Interest for $13.53M
-
Natural Resource (NRP) to Acquire Oil, Gas Properties from Abraxas (AXAS)
-
Imperial Capital Starts Whiting Petroleum (WLL) at In-Line (Delayed)
-
Market Wrap: Jobs Added, But Not Enough; Treasury to Unload 30M More GM; Yahoo!'s Facelift
-
Notable Mergers and Acquisitions of the Day 06/05: (SMLP) (SAP) (XRX)
-
Summit Midstream (SMLP) Makes $460M in Bakken, Marcellus Acquisitions; Boosts Outlook
-
QEP Resources (QEP) Issues Update on Q2 Operations
-
Notable Mergers and Acquisitions of the Day 06/03: (CLP)/(MAA) (KOG) (COO)
-
Kodiak Oil & Gas (KOG) to Acquire Williston Basin, Other Assets for $660M
-
Imperial Capital Starts Kodiak Oil & Gas (KOG) at In-Line
-
Deutsche Bank Starts Kodiak Oil & Gas (KOG) at Hold
-
Notable Mergers and Acquisitions of the Day 05/06: (BMC) (CMLP)/(NRGY) (S)/(DISH) (NLSN)

