I feel remiss in not having alerted readers to this site earlier, the USGS website. It is now interactive and very, very good.
It appears to me that the Bakken is already exceeding the USGS' conservative estimates. It should also be noted for those new to the Bakken that the 2008 USGS survey of the Bakken was just that: a survey of the Bakken pool (the Bakken formations and the Three Forks Sanish formations) and did not include the eleven or twelve other formations in the Williston Basin that produce oil.
Another reminder: the Bakken is a huge, huge deal for those living and working in North Dakota. It may or may not be a big deal to the rest of the world. Time will tell, but already North Dakota is now the fourth largest oil producing state in the United States, and the producing area represents only a small area of North Dakota.
No comments:
Post a Comment