Ping.
Obozo and the EPA will kill it.
They will stop this if they have to kill every last person in North Dakota.
Sounds like a new drilling rig going in just over the hill from me.
bttt
This is a really bad summary of the original statement by Continental Resources. They didn't claim the oil that could be produced was raised by 57%, they said the original oil in place estimate was increased by 57%, not the same thing.
Continental estimated in late 2010 that the Bakken field would eventually yield 24 billion barrels of oil equivalent (Boe), based on technology available at that time. This estimate included 20 billion barrels of oil and 4 billion Boe of natural gas, and assumed 577 billion barrels of original oil in place in the Bakken and TF1. With the addition of oil found in the lower Three Forks benches, which includes the TF2, TF3 and TF4, the Company now estimates the field has 903 billion barrels of original oil in place, a 57 percent increase.
http://phx.corporate-ir.net/phoenix.zhtml?c=197380&p=irol-newsArticle&ID=1763542
This is 'news' because it can be used to discredit the secession petitioners. Life just keeps getting better with the parasites in charge.
All in favor of a pipe to Bakken say aye
The ‘Conservation’ groups are trying to make this area & parts of 4 states & part of Canada a BUFFALO PRESERVE. That would stop all minerals extraction.
It also would cause financial problems for the current private land owners & the counties of the sates which are covered by this huge area.
See Fall 2012 issue of Range Magazine for a complete article on this. Drillers in the area knew nothing about this. I got info to one oil company & he was flabbergasted. He had already spent over a MILLION $$$ to get up and running in the Bakken field.
Isn’t the term “game changer” a cliche? It should only be used by the very unskilled at writing anymore.
Now where is that Satellite picture of North Korea with no lights on after Obama and the E.P.A. get’s done with our own oil production or energy production in this country ?