Thursday, May 24, 2012

Local Television Video on the Bakken

Link here. These regional links generally break early.
Helms says, "If first and second bench Three Forks are productive, which they have been proven productive, it would take enough wells to keep a rig fleet of 225 busy for 16 years to fully develop middle Bakken and first and second bench of the Three Forks."

Helms says his estimate is very conservative -- it could take up to 20 years to get to the oil in North Dakota's patch -- which he figures is now around 14 billion barrels.
Thank you to a reader for alerting me to this.

No comments:

Post a Comment