Among Biggest Oil Finds in USA - Montana & North Dakota

WASHINGTON, April 11 (UPI) -- A shale formation under western North Dakota holds the biggest continuous oil deposit in the lower 48 states, the U.S. Geographical Survey has determined.

The Bakken shale formation, 10,000 feet beneath the Williston Basin, holds 4.3 billion barrels of oil, the Thursday report said.

The estimate includes what the USGS believes is recoverable using current technology.

The amount is also close to what a state survey, due April 28, will say is available, North Dakota geologist Ed Murphy told the Bismarck Tribune.

"We're in the same ballpark," Murphy said.

"This is very big news," Sen. Byron Dorgan, D-N.D., said during a teleconference with reporters Thursday, the Grand Forks Herald reported.

"I think there's going to be a lot more attention nationally and internationally to this region," Dorgan said.

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[xxxBradTxxx]

Montana and North Dakota are our energy GODS OIL, COAL, WIND.

FTW!!!

[TTURedRaidr]

Yeah, but Fargo isn't even close to the Bakken. Williston is.

[HorseCents]

All this talk of EROEI or EROI is socialist bunk designed to raise gas taxes. There was a guy named Eisner or Eisman (?) who got serious returns on shale from his ranch using parts bought at a True Value hardware store. He did tests on a cubic yard of shale dug up with a Bobcat and got back 37% of the volume in oil vs. the charcoal he heated it with! Many crude oil wells don't do that well. But environmentalists attacked his data to save some desert toads and he died in the 1990s, a broken man.

[4aSteadyStateEconomy]

An EIA article that caused a lot of false hype about Bakken can be found by searching for:

"Technology-Based Oil and Natural Gas Plays: Shale Shock! Could There Be Billions in the Bakken?"

Based on that article, some dummies/liars created the impression that "503 billion barrels" (a high estimate) meant recoverable oil from shale, when the actual recoverable figure is only about ONE PERCENT of that 503 billion figure.

Read the FULL article in context to truly understand shale oil.

[4aSteadyStateEconomy]

Anyone claiming that Bakken gives America "Saudi Arabia" status is lying.

Yields from the Bakken shale have rarely exceeded 2 or 3% (EROEI), with 1% being common. In other words, you need to use ~99% external energy just to get 1% back. This is explained over and over again to Dittoheads but they refuse to acknowledge it, citing vague claims like "the technology will improve!" No, it won't improve that much! You have to cook shale to free the oil and there is no fooling the laws of physics.

[LOWRIDER4UNATL]

NOW WE HAVE 400 YEARS OF OIL, SEE THE ENERGY NON CRISIS, AND OIL IS ABIOTIC, IT IS NOT A FOSSIL FUEL, YOU HAVE BEEN DECEIVED.

[SupaDupaFlyGuyz]

@reotardodickcraprio Thank you!! We don't need all these illegals, and dumb asses coming in from fucking Cal and ny....

[reotardodickcraprio]

before you all start flocking here, either have a Class A CDL with HazMat endorsement or atleast a year previous oil field experience or you wont get hired. just letting you all know. i work as a floorhand here in williston, and i see people filling out applications all day most of them with no experience, and i know for a fact they wont get hired, and the HR department is so sick of getting so many apps from people who have no experience in the oilfield.9 out of 10 applicants dont get call bac

[watertonrivers]

@acavideo You have no clue man. That oil field is going to out produce Saudi Arabia in about 4 to 5 years, possibly sooner.

[watertonrivers]

@Weezy10580 Yep, Bob is now bozo the clown, because I've heard that oil field has about 24 billion barrels in it.

[Weezy10580]

Well Bob Nance you are wrong sir. Have a good day!

[worldpeace2u]

end oil and gas drilling now! you are destroying planet earth. oil and gas are in the planet for a reason. you are imbalancing the planet. use your intelligence and use clean energy - wind, wave, solar. peace and love to planet earth.