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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 Bakken Formation (/ ˈ b ɑː k ən / BAH-kən) is a rock unit from the Late Devonian to Early Mississippian age occupying about 200,000 square miles (520,000 km 2) of the subsurface of the Williston Basin, underlying parts of Montana, North Dakota, Saskatchewan and Manitoba. The formation was initially described by geologist J. W ...
Williston Basin Airport has two runways and a 110,000-square-foot (10,000 m 2) terminal building. It was built to replace Sloulin Field International Airport, which previously served Williston and had experienced difficulty dealing with the increase in air traffic to Williston amid the North Dakota oil boom. The airport opened to the public on ...
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 Bakken formation is quite possibly one of the most misunderstood oil and gas plays in the United States. While some observers may fear the high decline rates, they should be encouraged by some ...
But some companies are making good money off the oil in the Williston Basin, and it's not too late for investors to get 3 Companies Profiting From the Williston Basin Skip to main content
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 is still rockin' for Kodiak Oil & Gas , which today announced it plans to spend $660 million cash to acquire additional core producing properties and undeveloped leaseholds in the ...