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.
View Older Stories View More Recent Stories
-
Newalta's Growth and Earnings Momentum Continues in Third Quarter 2011
-
EOG Resources Reports Third Quarter 2011 Results
-
Williams Reports Third-Quarter 2011 Financial Results
-
ONEOK Partners Announces Higher Third-quarter 2011 Financial Results; Increases 2011 Earnings Guidance by More Than 15 Percent
-
Arsenal Energy Inc. Releases Update on Bakken Wells
-
Barclays Maintains an 'Equalweight' on Enbridge Energy Partners (EEP); Adds Diverse Set of Growth Projects
-
UPDATE - Global Hunter Securities Initiates Coverage on Tesoro Corp (TSO) with a Buy; Yield Enhancement is the Biggest Needle Mover
-
PetroFrontier Corp. commences drilling of second horizontal location ("Macintyre-2") and updates exploration program
-
Magnum Hunter Resources Declares Monthly Cash Dividend on Series C Preferred Stock and Series D Preferred Stock
-
Magnum Hunter Resources Declares Monthly Cash Dividend on Series C Preferred Stock and Series D Preferred Stock
-
Ante5 Names Kenneth T. DeCubellis as New CEO
-
MDU Resources Reports Third Quarter Earnings
-
Whiting Petroleum Corporation Announces Appointment of Eric K. Hagen as Vice President, Investor Relations
-
SM Energy Reports Results for the Third Quarter of 2011
-
GE to Supply Key Components for ProWater's Centerline SWD(TM) Saltwater Disposal Well System
-
GE to Supply Key Components for ProWater’s Centerline SWD™ Saltwater Disposal Well System
-
Samson Oil & Gas (SSN) Reports US33 #2-29H Ready to Frac
-
Samson Oil & Gas Operational Advisory
-
Magnum Hunter Clarifies July 14, 2011 Press Release
-
Enbridge Energy Partners Declares Distribution and Reports Earnings for Third Quarter 2011
-
Enbridge Energy Partners Announces Bakken Access Expansion Program
-
S&P Capital IQ Initiates Coverage on Sundance Energy Corporation in Standard & Poor’s Factual Stock Reports
-
UBS Maintains a 'Buy' on Hess Corp. (HES); Q3 Results Disappoint; Awaiting 4Q11-1H12 Catalysts
-
Notable Analyst Rating Changes 10/27: (CSCO) (OC) (URBN) Upgraded; (BAC) (CA) (V) Downgraded
-
Oasis Petroleum Inc. Provides Preliminary Third Quarter 2011 Results and an Update to Financial Guidance
-
KeyBanc Starts Triangle Petroleum (TPLM) at Hold; Emerging Bakken Operator; Waiting for Operated Results
-
Cenovus increases oil sands production by 14%
-
CARBO Ceramics Inc. Announces Third Quarter 2011 Earnings
-
Statoil : Third quarter 2011 results
-
GulfStar Group Announces the Acquisition of Wasatch Supply, Inc. by Pipeline Supply & Service, LLC
-
Hess Reports Estimated Results for the Third Quarter of 2011
-
Chesapeake Energy Corporation Announces Its Wholly Owned Subsidiary, Chesapeake Oilfield Operating, L.L.C., Has Priced a Private Placement of $650 Million of Senior Notes Due 2019
-
QEP Resources Reports Third Quarter Adjusted EBITDA of $353.7 Million and Production of 70.7 Bcfe
-
Nabors 3Q2011 EPS Equals $0.44 from Continuing Operations, Excluding the Net Effect of Certain Non-Cash Asset Gains and Impairments
-
State-Owned Oil Companies' Role in North American M&A to Grow
-
Samson Oil & Gas Operational Advisory
-
Barclays Reiterates an 'Overweight' on Newfield Exploration (NFX); Defers Bakken Completions to 2012; Shares Underperform by 15%
-
Morning Movers 10/21: (STX) (SYNA) (PGI) (LPL) Higher; (APKT) (CALX) (CPHD) Lower
-
Jefferies Slashes Price Target on Newfield Exploration (NFX) by 36% Following Q3 Performance
-
Global Hunter Securities Downgrades Kodiak Oil & Gas (KOG) to Neutral; If You Build It, They Will Come...But At What Price?
-
Notable Mergers and Acquisitions of the Day 10/17: (KMI)/(EP) (ANDS) (STO)/(BEXP) (AGP)/(ETP)
-
MDU Resources (MDU) Sees Q3, FY11 EPS Below Views
-
Statoil (STO) to Acquire Brigham Exploration (BEXP) for $36.50/Share; Deal Valed at $4.4B
-
Canaccord Genuity maintains a 'Buy' on EOG Resources (EOG); Liquids Growth on Track; Potential Value Uplift from Improving Price Realizations
-
Continental Resources (CLR) Expects to Achieve Upper-End of FY11 Growth Outlook
-
Benchmark Upgrades Marathon Oil (MRO) to Hold; Valuation and Increased Net Asset Value
-
Bakken Play, Refocused Efforts Make Whiting Petroleum (WLL) a Steal - Cramer
-
Barclays Maintains an 'Overweight' on ONEOK Partners (OKS); Raising PT Post Investor Conference
-
Veresen, Enbridge (ENB) to Commence Nat Gas Pipeline Production in Bakken Region
-
Cramer: Continental Resources (CLR) is 'Too Cheap' Given Opportunity
