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US doubles oil reserve estimates at Bakken, Three Forks shale

2013-04-30 13:47:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: An oil-rich region of the north-central United States holds more than twice the recoverable crude supplies estimated just five years ago, according to a government study that highlights the nation's march toward energy self-sufficiency. The Bakken Formation and Three Forks Formation, which spans parts of Montana, North Dakota and South Dakota together hold an estimated 7.4 billion barrels of undiscovered, technically recoverable oil, the U.S. Geological Survey study said, although energy experts...

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PBF, Continental Enter Supply Agreement For Bakken Crude

2013-04-10 18:20:00| OGI

Continental Resources is the largest producer and leaseholder in the Bakken, with significant supply arrangements with refiners on the West Coast, the Gulf Coast, and now the East Coast.

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Norstra Appoints Summit West Operator For Bakken Project

2013-04-09 16:35:00| OGI

Norstra instructed Summit West Oil LLC to create an AFE (Application for Expenditure) for the first Bakken well on the South Sun River Project.

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Stratex Participates In New Bakken Well

2013-04-08 18:25:00| OGI

The Olson 35-26-1H was spud on Jan. 5 and is currently on confidential status.

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Evolution In The North Dakota Bakken Leads To Its Elevation

2013-04-05 19:30:00| OGI

In less than a decade, increased production, takeaway capacities, and operator effort in the Bakken have bumped North Dakota up in the rankings to become the second leading state in crude oil production.

Tags: to north leads evolution

 

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