EnergyWire: The resource potential of the booming Bakken Shale oil and gas zone is much bigger than previously thought, U.S. government geologists announced yesterday.
A new assessment of oil and gas reserves in that region by the U.S. Geological Survey concludes that industry could have access to almost double the amount of hydrocarbons previously calculated in parts of North Dakota, South Dakota and Montana. That rapid increase in the reserve estimate comes mainly from a first-time assessment of the Bakken...