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
-
Land and Buildings Highlights Further Downside at Investors Real Estate Trust and Reiterates Call for Substantial Dividend Cut
-
KKR (KKR), Venado Enter Eagle Ford Shale-Focused Partnership
-
KKR and Venado Form Partnership to Pursue Oil and Gas Investments in Eagle Ford Shale
-
Tribal service deals could help Dakota pipeline impasse: Whiting CEO
-
Crestwood Equity Partners (CEQP), SWEPI Enter Gathering Agreement in Permian - Delaware Basin (RDS-A)
-
Crestwood and SWEPI Enter into Long-Term Gas Gathering Agreement in the Permian - Delaware Basin
-
Lightstream Receives Initial Order for CCAA Protection and Postponement of the Annual General Meeting of Shareholders
-
Sezzle Wins $10,000 from Securian in MN Cup Startup Competition
-
BetaZi & P2 Energy Solutions-Tobin Data now offer Basin Studies: a full production forecast on every well for each significant US oil & gas basin
-
Obama avoids pipeline comment but urges tribal sovereignty
-
Summit Midstream Partners, LP to Attend the Deutsche Bank 24th Annual Leveraged Finance Conference
-
Sunoco, behind protested Dakota pipeline, tops U.S. crude spill charts
-
White House seeks improved tribal relations as pipeline fight lingers
-
Granite Oil Corp. Provides Operational and Guidance Update
-
Whiting Petroleum Corporation President and CEO James J. Volker to Present at IPAA Oil and Gas Investment Symposium
-
Core Lab Presents At Johnson Rice Energy Conference
-
U.S. Energy Corp. Executes Earnings & Participation Agreement for Acquisition of Interest in Previously Announced Wattenberg Development Program
-
Abraxas Petroleum (AXAS) Updates on Divestitures, Hedging, Operations
-
Abraxas Provides Divestiture, Hedging and Operational Update
-
Securian Introduces CareShield: A Life Insurance Policy with Built-In Living Benefits for Chronic and Terminal Illness
-
Lightstream Announces Commencement of CCAA Process and Second Forbearance Agreement
-
Fitch Expects to Rate Hess' Senior Unsecured Notes 'BBB'; Outlook Remains Negative
-
EERC, the National Energy Technology Laboratory, and Hitachi High Technologies America, Inc., to improve the prediction of CO2 storage capacity in geologic formations
-
Tallgrass Energy CFO to Present at EMG Investor Conference
-
Easy resolution unlikely for contentious Dakota pipeline
-
Easy resolution unlikely for contentious Dakota pipeline
-
Easy resolution unlikely for contentious Dakota pipeline
-
Easy resolution unlikely for contentious Dakota pipeline
-
Fitch Downgrades 4 Classes of WFRBS 2014-C22
-
RockPile Energy Services Announces Acquisition of American Well Service
-
Protesters slam North Dakota pipeline but company 'committed'
-
U.S. shale output drop seen for 11th straight month in October: EIA
-
Black Stallion Provides Corporate Update: Company Enters Into Memorandum of Understanding
-
Lightstream Announces Mailing of Management Information Circular With Respect to Proposed Plan of Arrangement and Special Meeting
-
U.S. Judge allows North Dakota pipeline construction to proceed
-
After protests, U.S. halts North Dakota pipeline near tribal lands
-
North Dakota governor calls in National Guard ahead of pipeline ruling
-
New 'Trojan Horse' Antibody Strategy Shows Promise Against All Ebola Viruses
-
New 'Trojan Horse' Antibody Strategy Shows Promise Against All Ebola Viruses
-
Resource Energy Can-Am LLC Enters into Stalking Horse Agreement with Samson Resources Covering Williston Basin Assets
-
North Dakota pipeline fight gives spark to Native American activism
-
Western Refining Logistics (WNRL) to Acquire Assets from Northern Tier Energy Subsidiary
-
Western Refining Logistics Announces Transactions
-
Western Refining and Western Refining Logistics Announce Transactions
-
U.S. Green Party's Stein investigated in North Dakota pipeline protest
-
American Power Group Enters Major Remote Flare Capture Agreement in the Bakken
-
Summit Midstream Partners (SMLP) Prices 5.5M Common Offering at $23.20/Share
-
Summit Midstream Partners, LP Announces Pricing of Public Offering of Common Units
-
Summit Midstream Partners, LP Announces Pricing of Public Offering of Common Units
-
Summit Midstream Partners (SMLP) Announces 5.5M Common Units Offering
