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
-
Bayou Midstream LLC today announced an initial funding commitment of $75 million from EIV Capital
-
Hess Midstream Partners LP Announces 2019 Guidance
-
Hess Provides Update on Progress, Plans to Deliver Strong Cash Flow Growth and Increasing Returns Through 2025
-
PANHANDLE OIL AND GAS INC. Reports Fourth Quarter And Fiscal 2018 Results
-
Marathon Oil Reports Successful Bakken Core Extension Test in Ajax Area
-
Hess Infrastructure Partners LP Announces Proposed Acquisition of Hess Corporation's (HES) Bakken Water
-
Hess Infrastructure Partners LP Announces Proposed Acquisition of Hess Corporation’s Bakken Water Business
-
Medtronic Named One of America's Best Corporate Citizens in 2018 by Forbes Magazine
-
Hess Corp. (HES) Announces 2019 E&P Capital and Exploratory Budget
-
Hess Announces 2019 E&P Capital and Exploratory Budget
-
ConocoPhillips (COP) Announces 2019 Capital Budget and Operating Plan
-
Waste Connections Completes Previously Announced Acquisition Of Multi-Market Company
-
ConocoPhillips Announces 2019 Capital Budget and Operating Plan; Recent Oil Price Volatility Highlights Investment Appeal of Company’s Differentiated Value Proposition
-
Summit Midstream Announces Senior Management Changes
-
Enbridge Energy Partners, L.P. and Enbridge Energy Management, L.L.C. to Hold Special Meetings on December 17, 2018
-
Form 8-K BAKKEN RESOURCES INC For: Dec 07
-
Noble Energy Partners Acquires Bakken Shale and Eagle Ford Shale Assets
-
McDermott Awarded FEED Contract by Meridian Energy Group for North Dakota Grassroots Refinery
-
Nine Energy Services (NINE) Names David Crombie COO
-
OmniTRAX Energy Solutions Receives 2018 STEER Eagle Ford Excellence Award for Safety
-
Nine Energy Service Promotes Industry Veteran to Chief Operating Officer
-
Western Digital Delivers New Innovations to Drive Open Standard Interfaces and RISC-V Processor Development
-
Northern Oil and Gas, Inc. Announces Upcoming Conference Schedule and Publishes Updated Investor Presentation
-
NGL Energy Partners LP Announces Completion of Bakken Saltwater Disposal Business Sale
-
PANHANDLE OIL AND GAS INC. Announces the Closing of the Sale of 206 Net Mineral Acres and Associated Royalty Production in New Mexico for $9.3 Million
-
Whiting Petroleum Corporation Senior Vice President Pete Hagist to Present at Capital One Securities Annual Energy Conference
-
Western Digital (WDC) Names Kimberly Alexy and Stephanie Streeter to Board
-
Western Digital Announces Appointments of Kimberly Alexy and Stephanie Streeter to Its Board of Directors
-
Summit Midstream Partners, LP Announces Series A Preferred Distribution
-
Western Digital CTO Martin Fink to Address New Era of Open Processor Innovation with Keynote Address at RISC-V Summit
-
Par Pacific (PARR) to Acquire U.S. Oil & Refining Co. for Over $358 Million
-
Par Pacific to Acquire U.S. Oil & Refining Co. to Significantly Boost Mainland Refining and Logistics Presence
-
Second Kakwa North well tests at over 2,700 boe/d
-
Kimbell Royalty Partners, LP (KRP) Acquires Oil & Gas Royalty Assets for $107.8M in Drop Down Transaction
-
Kimbell Royalty Partners Announces $107.8 Million Drop Down Acquisition
-
Questerre Doubles Kakwa Land Position
-
Questerre reports third quarter 2018 results
-
U.S. shale surge boosts industry finances, puts deals in spotlight
-
Whiting Petroleum Corporation Names Charles J. Rimer Chief Operating Officer
-
American Midstream Enters Definitive Agreement to Sell Refined Products Terminals
-
Cactus Announces CFO Transition Plan
-
Yuma Energy, Inc. Retains Seaport Global Securities LLC, and Reports Third Quarter 2018 Financial Results
-
ENSERVCO Reports Third Quarter and Nine Month Financial Results, Updates Investors on Recent Key Developments and Strategic Objectives
-
High Quality Mineral Rights for Sale in the Core of the Delaware Basin
-
Securian Financial Appoints Vice President of Human Resources and New Chief Diversity Officer
-
Joining Finland, Norway says Russia may have jammed GPS signal in Arctic
-
Allianz Life and Securian Financial Team Up with gener8tor to Invest In, Accelerate Insurance Innovation
-
Nine Energy Service Announces Third Quarter 2018 Results
-
Cypress Energy Partners, L.P. Announces Third-Quarter 2018 Results
-
NGL Energy Partners (NGL) Reports Agreement to Sell Bakken Saltwater Disposal Business to Tallgrass Energy for $91M

