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At Parshall, the abrupt eastern limit of the field is formed by the extent of thermally mature Bakken shale; shale farther east is thermally immature, and unproductive. [ 48 ] The Parshall Oil Field discovery, combined with other factors, including an oil-drilling tax break enacted by the state of North Dakota in 2007, [ 49 ] shifted attention ...
The Parshall Oil Field is an oil field producing from the Bakken Formation and Three Forks Formation near the town of Parshall, in Mountrail County, North Dakota. The field is in the Williston Basin. The field was discovered in 2006 by Michael Johnson and sold the play to EOG Resources, which drilled, and now operates, most of the wells. [1]
The Bakken shale play has been the toast of the North American oil industry. In a previous article, I touched upon three companies operating in this region whose wells showed fantastic outputs. I ...
The Bakken shale play has been the subject of much hype for the better part of 2011. Touted as the single largest oil find in U.S. history, this region witnessed several companies lining up to ...
Tight oil formations include the Bakken Shale, the Niobrara Formation, Barnett Shale, and the Eagle Ford Shale in the United States, R'Mah Formation in Syria, Sargelu Formation in the northern Persian Gulf region, Athel Formation in Oman, Bazhenov Formation and Achimov Formation of West Siberia in Russia, Arckaringa Basin in Australia, Chicontepec Formation in Mexico, [1] and the Vaca Muerta ...
For instance, the Three Forks and Bakken were combined in estimates of potential production released by the United States Geological Survey on April 30, 2013. The estimate by the USGS projects that 7.4 billion barrels of oil can be recovered from the Bakken and Three Forks formations and 6.7 trillion cubic feet of natural gas and 530 million ...
Bakken Oil Field: United States, North Dakota: 1951 7.3 [38] Yates Oil Field: United States, Texas: 1926 1926 1929 3.0 (2.0 billion recovered; 1.0 reserve remaining) [39] [40] Kuparuk oil field: United States, Alaska: 1969 6 Alpine, Alaska: United States, Alaska: 1994 2000 2005 0.4–1 0.05 East Texas Oil Field: United States, Texas: 1930 6 ...
While shale plays like Bakken are always in the news and grab investors' attention, Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...