Putting The Bakken Into Perspective -- Again

Do you remember that giant Kashagan oil project in the Caspian Sea that I've mentioned several times before? Just how expensive is it? The Motley Fool is reporting. Some data points:

• largest oil discovery in 30 years (with some saying the Bakken is a trillion-bbl reservoir, that may be a factoid)
• supposedly has just begin producing this week after seven years of delays
• current bill: $48 billion; no cash flow
• how much oil: 375,000 bopd divided among seven companies
• Bakken: 875,000 bopd; still early in the development phase

Back in 2011, one headline: Kashagan is turning out to be a bust.