Will This Bring Big Oil Back To The Bakken?

If shale plays were people, everyone would be jealous of the
Permian for getting all the attention. It is the leader in overall
national oil output growth, and just last year the USGS announced a
new estimate for part of it, the Wolfcamp Basin, which is now
thought to contain as much as 20 billion barrels of recoverable
oil. It’s perhaps this new assessment that has prompted North
Dakota government officials to request a new estimate for the
Bakken-Three Forks formation. The last one, from 2013, estimated
the recoverable reserves of crude…

If shale plays were people, everyone would be jealous of the
Permian for getting all the attention. It is the leader in overall
national oil output growth, and just last year the USGS announced a
new estimate for part of it, the Wolfcamp Basin, which is now
thought to contain as much as 20 billion barrels of recoverable
oil. It’s perhaps this new assessment that has prompted North
Dakota government officials to request a new estimate for the
Bakken-Three Forks formation. The last one, from 2013, estimated
the recoverable reserves of crude…