3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montanas Bakke
Reston, VA – North Dakota and Montana have an estimated 3.0 to 4.3 billion barrels of undiscovered, technically recoverable oil in an area known as the Bakken Formation. A U.S. Geological Survey assessment, released April 10, shows a 25-fold increase in the amount of oil that can be recovered compared to the agencys 1995 estimate…