The Bakken will remain the most price sensitive of the three big shale oil plays but its incremental potential this year is second, maybe surpassing the 1.3 million b/d mark for total output.
Study: the Three Forks reservoir may hold some 250 million barrels of untapped crude. Study: developing these reserves would require the drilling of 600 more wells in the Three Forks play.
US energy giant ExxonMobil is considering divesting a portion of its assets in the Bakken shale formation in North Dakota, ...