Bakken Shale

Bakken Shale ImageThe Bakken shale is primarily an oil play. It straddles the US border with Canada and runs through two states – North Dakota and Montana – and two Canadian provinces – Saskatchewan and Manitoba. The US Geological Survey estimates there are 3.65 billion barrels of recoverable crude oil in the Bakken, which would make it the largest oil field in the US outside Alaska. The Bakken is located in the Williston Basin, but not all of the basin includes the Bakken.

The Sanish-Three Forks area is located below the Bakken shale zone and is potentially another new oil reservoir. Brigham Exploration Co. has been active in this area. Natural gas is also found in some parts of the Bakken. The USGS estimates there is about 2.0 trillion cubic feet of gas and another 150 million barrels of natural gas liquids. Major players in the Bakken include EOG Resources, Continental Resources, and Enerplus Resources.

Bakken Shale Map

Bakken Shale News

Special Report: Improved oil, gas demand, price forecasts raise drilling rig trend

Nov 9, 2009 The US working drilling rig count has started to reverse its steep drop as expectations for crude and gas prices and demand have become more bullish.

Denbury-Encore merger to test CO2-oil synergies

Nov 9, 2009 The production-sequestration synergies of crude oil and carbon dioxide will receive a new test under a $4.5 billion acquisition by Denbury Resources Inc. of Encore Acquisition Co.

OGJ Newsletter

Oct 19, 2009

API: US drilling up, but still below year ago

Oct 19, 2009 US oil and gas drilling activity rebounded somewhat from the previous 3-month period during 2009's third quarter but remained substantially lower than the comparable 2008 period, the American Petroleum Institute reported.

Services/Suppliers

Oct 19, 2009 Boulogne-Billancourt, France, has agreed to acquire Dubai-based DPAL FZCO from the Soconord Group.

OGJ Newsletter

Oct 5, 2009

Armstrong gauges Williston basin Lodgepole find

Oct 5, 2009 A group led by Armstrong Operating Inc., Dickinson, ND, gauged the Dickinson area's first Mississippian Lodgepole oil discovery since the late 1990s and plans to drill at least one offset.

OGJ Newsletter

Jul 27, 2009

OGJ Newsletter

Jul 20, 2009

Researchers develop ways to treat, recycle frac water

Jul 6, 2009 The use of membrane filtration to recycle water from fracturing flowback is among the research projects being funded by the Research Partnership to Secure Energy for America (RPSEA),

AAPG: Unconventional thinking led to great finds

Jun 22, 2009 Unconventional geologic thinking and risk-taking led to many of the world's recent major oil and gas discoveries, speakers from the companies that made them told a closing session at the American Association of Petroleum Geologists annual convention in Denver.

Companies ramp up Bakken participation

Jun 15, 2009 Several companies increased ownership in North Dakota Bakken well and production interests under an existing joint venture with Slawson Exploration Co., private Denver operator.

Study finds US production would dip under hydraulic fracturing bill

Jun 15, 2009 US oil and gas production would drop 20.5% over 5 years if federal regulation of hydraulic fracturing becomes law, the American Petroleum Institute said on June 9 as it released a new study.

OGJ Newsletter

Jun 8, 2009

API opposes efforts to federally regulate hydraulic fracturing

Jun 8, 2009 Proposed federal regulation of hydraulic fracturing under the Safe Drinking Water Act could add $150,000 to deep-well costs and reduce drilling, American Petroleum Institute officials warned on June 3.
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