Another Indicator That Easterners Underestimate the Bakken and the Bakken Producers -- The Bakken, North Dakota, USA

From the Motley Fool today:

With worldwide oil supply relatively constrained, that will put more pressure on domestic oil companies and offshore drillers outside of the Middle East. Statoil, Whiting Petroleum, Continental Resources, and Kodiak Oil & Gas have more than a million combined acres in the Bakken shale play, the fastest-growing oil production play in the U.S. and higher potential prices could mean even more drilling. 

More than a million combined acres in the Bakken? Technically true, but I believe the combined acreage is solidly above 2 million combined acres in the Bakken.

CLR, by itself, has almost 1 million acres.

The four:

• CLR: 923K
• WLL: 680K
• Statoil: 380K
• KOG: 155K

That's about 2.1 million acres, twice what Motley Fool suggests.

Or if at the Economart, and rounding:

• CLR: 1,000K
• WLL: 700K
• Statoil: 400K
• KOG: 150K

And why Motley Fool did not include Oasis with this group, that included KOG and BEXP and its 300K of net acreage, is anybody's guess.