Williston Basin or Bakken Formation, which ever name you prefer, has demanded the attention of those who have the technology advances of horizontal drilling. The USGS calls it an "undiscovered, technically recoverable oil resource." It is by USGS assessment, completed in 2008, the largest oil accumulation in the lower 48. The residents of this tri-state area (MT/ND/SD) refer to the activity that has turned sleepy remote prairies in an ant hill, "Rockin' the Bakken".
If numbers are more to your liking then you might be interested in the following estimates provided by the USGS.
- Oil from Continuous Resources: 3.65 BBO
- Associated Gas: 1848 billion cubic feet
- Natural Gas Liquids: 148 MMB
- Oil from Conventional Resources: 4 million barrels of oil
USGS Release: 3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montana’s Bakken Formation—25 Times More Than 1995 Estimate— (4/10/2008 2:25:36 PM)
For more info on the Bakken one doesn't have to look far. Just google it or even check out ND Bakken on you tube. It has been very popular in the last few years. Other sites include:
http://pubs.usgs.gov/fs/2008/3021/
Million Dollar Way- All Bakken
ND Department of Minerals
MT Board of Oil and Gas
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