Lasted edited by Andrew Munsey, updated on June 15, 2016 at 1:21 am.
Discussion page for Directory:North American Oil Fields
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This page makes the Bakken Formation seem like a really big deal. It would be if we could just pump the crude oil out with a big metal straw, but it's not quite so easy. From http://en.wikipedia.org/wiki/Bakken_Formation
"While these numbers would appear to indicate a massive reserve, the percentage of this oil which might be extracted using current technology is another matter. Estimates of the Bakken's technically recoverable oil have ranged from as low as 1% — due to the fact that the Bakken shale has low porosity, making the oil difficult to extract — to Leigh Price's estimate of 50% recoverable. Reports issued by both the USGS and the state of North Dakota in April 2008 seem to indicate the lower range of recoverable estimates are more realistic with current technology."
This PESWiki page over-estimates the supply available
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