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.
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Ovintiv Announces Closing of Midland and Bakken Transactions & Inclusion in S&P 400 Index
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Ovintiv Reports First Quarter 2023 Financial and Operating Results
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Ovintiv Inc. (OVV) to acquire Midland Basin assets for $4.275B in cash and stock
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Ovintiv to Acquire Core Midland Basin Assets
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Ovintiv Reports Fourth Quarter and Year-end 2022 Financial and Operating Results
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Ovintiv Reports Third Quarter 2022 Financial and Operating Results
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Ovintiv Reports Second Quarter 2022 Financial and Operating Results
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Ovintiv Inc. (OVV) Sells Portions of its Uinta and Bakken Assets for $250M
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Ovintiv to Accelerate Doubling of Shareholder Returns; Announces Agreements to sell Portions of its Uinta and Bakken Assets for Approximately $250 Million
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Ovintiv Reports Fourth Quarter and Year-end 2021 Financial and Operating Results
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Ovintiv Reports Third Quarter 2021 Financial and Operating Results
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Ovintiv Reports First Quarter 2021 Financial and Operating Results
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Ovintiv Reports Strong Third Quarter 2020 Financial and Operating Results
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Ovintiv Reports Second Quarter Financial and Operating Results
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Ovintiv Reports First Quarter Financial and Operating Results
