Study: the Three Forks reservoir may hold some 250 million barrels of untapped crude. Study: developing these reserves would require the drilling of 600 more wells in the Three Forks play.
A good friend of mine works in the Bakken oil fields in North Dakota ... WW: I first came up during the initial oil boom a few years ago. There were numerous jobs for anyone willing to work ...
The boom took hold of western North Dakota and the ... technique had advanced enough to be used profitably in the dense Bakken and Three Forks shale formations. As of February, the industry ...
When did the boom begin? About seven years ago. Geologists have known about the Bakken shale foundation, one of the largest oil and natural gas deposits in the world, since the early 1950s.
A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...
Kinder Morgan is buying assets in the Bakken, which is expected to see bottlenecks due to a decrease in natural gas pipeline capacity availability. Houston-based Kinder Morgan Inc. (NYSE ...
Drillers have finally been given a chance to capitalize, and the Bakken has been on rebound for a while now, with the rig count closing in on 60, versus the most recent low point of 24 in May 2016.