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
-
Top 10 News for 1/20 - 1/23: ECB Plans Stimulus Measures; Netflix Ramps on Results; Icahn, eBay to Forge New Path
-
Notable Mergers and Acquisitions 1/22: (KMI) (RY)/(CYN) (HAR) (KKR)
-
Pre-Open Stock Movers 01/22: (CYN) (NERV) (FXCM) Higher; (LE) (FFIV) (SNDK) Lower (more...)
-
After-Hours Stock Movers 01/21: (NERV) (ENDP) (EBAY) Higher; (FFIV) (SLM) (XLNX) Lower (more...)
-
Market Wrap: ECB Plans Fresh QE; eBay. Icahn Settle; Harold Hamm to Sell Hiland Partners
-
Kinder Morgan (KMI) to Acquire Hiland Partners in ~$3B Deal
-
Marathon Pipe Line (MPLX) Reports Successful Open Season for Patoka-to-Lima Pipeline Expansion
-
Aquion Energy Enters Agreement for Major Microgrid Battery System Deployment at Bakken Hale in Hawaii
-
SM Energy Company (SM) Moves to Sell Mid-Continent Assets
-
Crescent Point Energy Corp. (CPG) Sees FY15 CapEx at $1.45B
-
Form 8-K BAKKEN RESOURCES INC For: Dec 18
-
Energy Transfer Partners (ETP), Energy Transfer Equity (ETE) Announce Final Bakken Pipeline Terms
-
Continental Resources (CLR) Revises 2015 Capital Budget And Guidance
-
Marathon Oil (MRO) Buy Rating Maintained at Credit Suisse
-
Goldman Sachs Removes Targa Resources (TRGP) from CL-Buy List
-
UPDATE: Global Hunter Securities Starts Earthstone Energy (ESTE) at Accumulate
-
Abraxas Petroleum (AXAS) Updates on Williston Basin, Eagle Ford Ops; Provides Q4, FY15 Outlook
-
Lone Star Value Issues Letter to Dakota Plains Holdings, Inc. (DAKP); Sees Value from MLP Structure
-
Goldman Sachs Resumes Marathon Oil (MRO) at Neutral
-
Goldman Sachs Resumes Hess Corp. (HES) at Buy
-
Form 10-Q/A BAKKEN RESOURCES INC For: Sep 30
-
Enterprise Products Partners (EPD) Won't Move Forward with Proposed Bakken-to-Cushing Pipeline
-
Tesoro Logistics L.P (TLLP) Launches Binding Open Season
-
Notable 52-Week Highs and Lows 12/8: (JNS) (CELG) (JBLU) High; (WLL) (YNDX) (SNI) Low
-
Forestar Group, Inc. (FOR) to Explore Strategic Alternatives
-
Conocophillips (COP) Sees FY15 Capital Budget at $13.5B, Down 20% Y/Y
-
Whiting Petroleum (WLL) Announces Completion of Kodiak Oil & Gas Acquisition
-
Cypress Energy Partners (CELP) Acquires Salt Water Disposal Facility from SBG Energy Services
-
Phillips 66 (PSX) Reports 2015 Capital Budget of $4.6B
-
ONEOK (OKE) 2015 Dividends to Increase 14%
-
ONEOK Partners (OKS) Announces Completion of NGL Pipeline Transaction with Chevron (CVX)
-
Values Could Emerge in MLP Sell-Off, Says Wells Fargo (ETE) (KMI) (MWE)
-
Goldman Sachs Comments on Oil Stocks Following OPEC Meeting; Analyst Prefers Refiners, Pipelines (KMI) (MWE) (RIG) (DO)
-
Form 10-Q BAKKEN RESOURCES INC For: Sep 30
-
TransCanada (TRP) Makes Case for Approval of Keystone Pipeline XL
-
Form 8-K BAKKEN RESOURCES INC For: Nov 10
-
Form NT 10-Q BAKKEN RESOURCES INC For: Sep 30
-
MDU Resources (MDU) Raises Dividend, Sees Capex of $1.63B Through 2019
-
Natural Resource Partners (NRP) Completes $339M Acquisition of Williston Basin Assets
-
Halcon Resources Announces Third Quarter 2014 Results and Provides Preliminary 2015 Outlook
-
Hess (HES) Increasing Five-year Production Growth Rate Forecast to 6-10%
-
Magnum Hunter (MHR) Buy Rating Affirmed at Topeka Capital
-
EERC Bakken Production Optimization Partnership Awarded for Outstanding Leadership in Oil and Gas Industry
-
Magnum Hunter (MHR) Buy Rating, $10 Price Target Reiterated at Topeka Capital
-
Casimir Capital Upgrades Enservco Corporation (ENSV) to Buy
-
Whiting Petroleum (WLL) Tops Q3 EPS by 2c
-
Phillips 66 (PSX) Tops Q3 EPS by 30c
-
Hess Corp. (HES) Tops Q3 EPS by 16c
-
Notable Mergers and Acquisitions of the Day 10/28: (WMGI)/(TRNX) (OKS) (UNH)/(ALR) (YELP) (NQ)
-
ONEOK Partners, L.P. (OKS) to Acquire Chevron (CVX) Permian NGL Assets for $800M

