The People of America's Oil and Natural Gas Indusry

More Rockin' NEAR the Bakken?

Jane Van Ryan

Jane Van Ryan
Posted July 15, 2009

The U.S. Geological Survey calls the Bakken formation the largest continuous oil accumulation it has ever assessed--and nearby, there may be even more North Dakota oil than was previously thought.

In a recent AP article, Lynn Helms, director of the North Dakota Department of Mineral Resources says:

"Recent production results from 103 newly tapped wells in the Three Forks-Sanish formation show many that are "as good or better" than some in the Bakken, which lies two miles under the surface in western North Dakota and holds billions of barrels of oil."

Currently, a study is being conducted to determine whether it's a unique reservoir and if it is, according to Helms, "it could literally double the potential we have--a Bakken 2, if you will."

For more information, read the full article.