Search results
Results From The WOW.Com Content Network
A research paper by USGS geochemist Leigh Price in 1999 estimated the total amount of oil contained in the Bakken shale ranged from 271 to 503 billion barrels (43.1 to 80.0 billion cubic metres), with a mean of 413 billion barrels (65.7 billion cubic metres). [28]
Night view of H&P drilling the Bakken. The North Dakota oil boom was the period of rapidly expanding oil extraction from the Bakken Formation in the state of North Dakota that lasted from the discovery of the Parshall Oil Field in 2006, and peaked in 2012, [1] [2] but with substantially less growth noted since 2015 due to a global decline in oil prices.
The Bakken Shale - a vast formation underlying parts of North Dakota, Montana, and South Dakota - has taken the U.S. by storm. Counties in North Dakota that were previously as quiet as a graveyard ...
The Dakota Access Pipeline (DAPL) or Bakken pipeline is a 1,172-mile-long (1,886 km) underground pipeline in the United States that has the ability to transport up to 750,000 barrels of light sweet crude oil per day. It begins in the shale oil fields of the Bakken Formation in northwest North Dakota and continues through South Dakota and Iowa ...
One popular shale formation outside of Texas is the Bakken, located in North Dakota, Montana, and parts of Canada. This liquids-rich shale has attracted many companies looking to capitalize on ...
North Dakota's Bakken Shale and lesser-discussed Three Forks formation are on pace to become one of the 10 top oil fields in the entire world. That'll happen once the region's oil production tops ...
Over the years, oil companies had drilled a number of dry holes through the oil-bearing Bakken shale at Parshall. Johnson had examined the well log of a decades-old dry hole drilled near the town of Parshall, and noticed that the Bakken interval looked similar to Bakken pay in the Elm Coulee Oil Field , a Bakken oil field on the southwest ...
Oil production out of North Dakota's Bakken Shale continues to surge higher. The play is now expected to hit daily oil production of more than a million barrels of oil sometime early next year.