Data points:
- Financial adviser providing the commentary: Raymond James
- Williston Basin to reach 1.2 million bbls/day in 2015
- Recoverable oil estimate: 11 billion bbls
- Their analysts predict the Bakken will provide ~15 percent of total domestic oil supply by 2015
- Analysts predict just under 1.2 million bbls oil per day (they estimate 5 percent in 2010)
- Production will be driven by a) rig count; b) improvements in drilling time and completion techniques
- Bakken will have implications in domestic oil supply in light of the "permitorium"