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April 11, 2008

Big Oil Reserve Found In North Dakota?

Finally that damn state may start pulling its weight!

The government estimates up to 4.3 billion barrels of oil can be recovered from the Bakken shale formation in North Dakota and Montana, using current technology.

The U.S. Geological Survey calls it the largest continuous oil accumulation it has ever assessed.

…The Bakken Formation encompasses some 25,000 square miles in North Dakota, Montana, Saskatchewan and Manitoba.

About two-thirds of the acreage is in western North Dakota, where the oil is trapped in a thin layer of dense rock nearly two miles beneath the surface.

Companies use pressurized fluid and sand to break pores in the rock and prop them open to recover the oil.

The USGS release is here.

I am sure the environmentalists are working overtime to figure out reasons why we can’t possibly go ahead and exploit this new find.

It looks like we share the geological formation where this oil is with Canada. This could mean war! Better dust off War Plan Red.

digg this
posted by DrewM. at 12:18 PM

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