How Much Work Is There to Be Done in the Bakken?

How much work is there yet to be done in the Bakken?

Last year, 2009, the state granted 628 new permits; of those permits, 440 wells came off the confidential list (some were spudded in 2008 and completed/reported in 2009, obviously).

This year, the state is on track to grant 1,363 new permits (930 have been granted so far this year, 50% more than last year). Of these new 930 permits so far, only 117 wells have come off the confidential list. Obviously no more wells being completed this year will come off the confidential list by the end of the year.

6.39 minutes of paradise:


The Real Bakken: Minot to New Town