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Fort Union Trading Post National Historic Site is a partial reconstruction of the most important fur trading post on the upper Missouri River from 1829 to 1867. The fort site is about two miles from the confluence of the Missouri River and its tributary, the Yellowstone River, on the Dakota side of the North Dakota/Montana border, 25 miles from Williston, North Dakota.
The Williston Basin is a large intracratonic sedimentary basin in eastern Montana, western North Dakota, South Dakota, southern Saskatchewan, and south-western Manitoba that is known for its rich deposits of petroleum and potash. The basin is a geologic structural basin but not a topographic depression; it is transected by the Missouri River ...
The confluence of the Yellowstone River with the Missouri is west of Williston. The Fort Union Trading Post National Historic Site is located in Williams County along the Missouri River on the Montana border. Williams County is one of several western North Dakota counties with significant exposure to the Bakken formation in the Williston Basin.
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 ...
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At Elm Coulee Field, the Bakken is only about 45 feet (15 m) thick and lies at depths of 8,500 to 10,500 feet (2,600–3,200 m), but horizontal wells penetrate 3,000 to 10,000 feet (900–3,000 m) of the reservoir rock, a porous dolomite of Devonian age that probably originated as a large carbonate bank on the western flank of the basin.
The investment in this recent acquisition is likely to pay back in about five years if Northern Oil (NOG) sustains the asset-level output at roughly 2,500 barrels of oil equivalent per day.