The Bakken will remain the most price sensitive of the three big shale oil plays but its incremental potential this year is second, maybe surpassing the 1.3 million b/d mark for total output.
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.
The Bakken crude has made North Dakota the U.S.'s second-largest oil-producing state, after Texas, and helped boost U.S. oil production to its highest level since 1988. Next year, the U.S. might ...
A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...
In a recent post, investment firm Mercer Capital said the Bakken had declining gas pipeline capacity availability, and although oil is the Bakken’s primary economic driver, analysts say the ...
This week, the North Dakota Petroleum Council’s annual conference welcomed hundreds of local and national industry stakeholders to discuss the future of the country’s third-largest oil ...
Chord Energy Corporation (NASDAQ:CHRD), a leading oil-weighted exploration and production company with a significant presence in the Bakken region, has been attracting attention from analysts due ...
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