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
-
U.S. shale oil's Achilles heel shows signs of mending
-
U.S. shale oil's Achilles heel shows signs of mending
-
U.S. shale oil's Achilles heel shows signs of mending
-
U.S. shale oil's Achilles heel shows signs of mending
-
Continental Resources To Announce Second Quarter 2016 Results On Wednesday, August 3, 2016
-
Continental Resources Plans To Present At Equity Research Conference
-
With oil price near $50, resilient U.S. shale producers eye new chapter
-
Credit Suisse Starts Continental Resources (CLR) at Neutral
-
Continental Resources (CLR) Announces Record Production at Oklahoma's STACK Play
-
Continental Resources Announces Record STACK Oil Well
-
Special report: As oil boom goes bust, Oklahoma protects drillers and squeezes schools
-
Continental Resources Reports First Quarter 2016 Results
-
Deutsche Bank Upgrades Continental Resources (CLR) to Buy and Downgrades Energen (EGN) to Hold
-
Continental Resources To Announce First Quarter 2016 Results On Wednesday, May 4, 2016
-
Forget fracking. Choking and lifting are latest efforts to stem U.S. shale bust
-
Forget fracking. Choking and lifting are latest efforts to stem U.S. shale bust
-
U.S. shale's message for OPEC: above $40, we are coming back
-
U.S. shale's message for OPEC: above $40, we are coming back
-
U.S. shale's message for OPEC: above $40, we are coming back
-
U.S. shale's message for OPEC: above $40, we are coming back
-
U.S. shale's message for OPEC: above $40, we are coming back
-
Insight: In slump, oil firms turn to labs, data centers for help
-
Insight: In slump, oil firms turn to labs, data centers for help
-
Insight: In slump, oil firms turn to labs, data centers for help
-
Insight: In slump, oil firms turn to labs, data centers for help
-
Insight: In slump, oil firms turn to labs, data centers for help
-
In slump, oil firms turn to labs, data centers for help
-
Continental Resources Reports Fourth Quarter And Full-Year 2015 Results
-
Oil up 3 percent on March producers meeting, U.S. project delays
-
Continental Resources Announces Proved Reserves And Production For 2015
-
Continental Resources To Announce Fourth Quarter And Full-Year 2015 Results On Wednesday, February 24, 2016
-
Continental Resources slashes 2016 budget by 66 percent
-
Continental Resources (CLR) Reports 2016 Capital Budget of $920M
-
Continental Resources Announces 2016 Budget Of $920 Million In Non-Acquisition Capital Expenditures
-
Continental Resources Reports Third Quarter 2015 Results
-
Continental Resources To Announce Third Quarter 2015 Results On Wednesday, November 4, 2015
-
Continental Resources Reducing 2015 Capital Spending To Align With Projected Cash Flow Until Oil Prices Strengthen
-
Continental Resources (CLR) Tops Q2 EPS by 9c, Offers Guidance
-
Continental Resources Reports Second Quarter 2015 Results
-
Continental Resources To Announce Second Quarter 2015 Results On Wednesday, August 5, 2015
-
Continental Resources Reports First Quarter 2015 Results
-
Nomura Securities Starts Continental Resources (CLR) at Buy
-
Continental Resources To Announce First Quarter 2015 Results On Wednesday, May 6, 2015
-
Jefferies Starts Continental Resources (CLR) at Underperform
-
Continental Resources (CLR) Reports Proved Reserves Growth of 25% for 2014
-
Continental Resources (CLR) Revises 2015 Capital Budget And Guidance
-
Hess (HES) PT Lifted at BofA/Merrill Lynch
-
UPDATE: Global Hunter Securities Upgrades Continental Resources (CLR) to Buy
-
Continental Resources (CLR) Names Jack Stark as COO
-
Continental Resources (CLR) Reports Resignation of COO Bott

