Bakken Formation oil supply study planned
A new study is planned for the Williston Basin Bakken formation to determine its oil supply. The last study was released in 2008 by the U.S. Geological Survey, estimating up to 4.3 billion barrels of oil that could be recovered in the Williston Basin, which includes North Dakota, South Dakota and Montana. U.S. Senator John Hoeven announced the new study, which he believes will bring in a greater estimate than the 2008 amount. The study is anticipated to be completed by late next year. Read the article in the Fargo-Moorhead Forum of the new Bakken study. (registration may be required).
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