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Bakken Oil
USGS ^
| 04/10/2008
| USGS
Posted on 04/10/2008 11:30:14 AM PDT by reluctantwarrior
Using a geology-based assessment methodology, the U.S. Geological Survey estimated mean undiscovered volumes of 3.65 billion barrels of oil, 1.85 trillion cubic feet of associated/dissolved natural gas, and 148 million barrels of natural gas liquids in the Bakken Formation of the Williston Basin Province, Montana and North Dakota.
(Excerpt) Read more at pubs.usgs.gov ...
TOPICS: Business/Economy; US: North Dakota
KEYWORDS: bakken; energy; oil
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To: reluctantwarrior
And we are using our food to make our cars go?? /S
2
posted on
04/10/2008 11:33:43 AM PDT
by
biff
To: reluctantwarrior
The Goristas and other whackos will now run out there and identify some previously unknown “endangered species” or some new “sacred” Indian land. Just watch.
3
posted on
04/10/2008 11:36:14 AM PDT
by
ElkGroveDan
(The road to hell is paved with the stones of pragmatism.)
To: reluctantwarrior
Quick, we've got to declare North Dakota a wildlife refuge so’s nobody can drill for this oil!
4
posted on
04/10/2008 11:36:29 AM PDT
by
colorado tanker
(Number nine, number nine, number nine . . .)
To: reluctantwarrior
I guess 3.65 b barrels is kind of disappointing
5
posted on
04/10/2008 11:36:33 AM PDT
by
gusopol3
To: reluctantwarrior
6
posted on
04/10/2008 11:36:55 AM PDT
by
lesser_satan
(Vote McCain - The Choice who Sucks Less!)
To: reluctantwarrior
We are all going to die. Common sense in today’s time tell’s me that everyone should be tooling down the expressway backwards.
7
posted on
04/10/2008 11:37:48 AM PDT
by
gathersnomoss
(General George Patton had it right.)
To: reluctantwarrior
8
posted on
04/10/2008 11:38:24 AM PDT
by
RightWhale
(Repeal the Law of the Excluded Middle)
To: gusopol3
Yea that’s only 170 days or so of US consumption... not all that much, really.
9
posted on
04/10/2008 11:39:33 AM PDT
by
farlander
(Try not to wear milk bone underwear - it's a dog eat dog financial world)
To: gusopol3
The USGS is not well known for it’s truth in volume estimates in the region. To begin with, they can only survey federal lands. Since most of the oil in the region is on private or Indian lands, the results are very misleading.
The actual industry seismic surveys reveal closer to 200 billion barrels.
10
posted on
04/10/2008 11:40:05 AM PDT
by
PSYCHO-FREEP
(Juan McCain....The lesser of Three Liberals.")
To: reluctantwarrior
There has never been a shortage of energy. The problem has been environmentalists and government.
To: RightWhale
Not really, and the 3.85 billion barrels is EXTREMELY LOW, by other articles I’ve seen. Most of those articles place more along the lines of 250 billion and 500 billion, which fits the natural gas estimates better.
12
posted on
04/10/2008 11:40:50 AM PDT
by
fightinbluhen51
("...If it moves, tax it, if it moves faster, regulate it, if it stops, subsidise it.")
To: biff
This is the first post of this report on the internet so FR is out front again......
actually we use a small percentage of our food for fuel so I still am trying to find out why prices are so high MTF
RW
13
posted on
04/10/2008 11:41:38 AM PDT
by
reluctantwarrior
(Strength and Honor, just call me Buzzkill for short......)
To: reluctantwarrior
I thought it was closer to 200B barrels.
Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!
(Keep the Faith, my friends! We are the saviors of the Republic! Now and Forever!)
LonePalm, le Républicain du verre cassé (The Broken Glass Republican)
14
posted on
04/10/2008 11:41:55 AM PDT
by
LonePalm
(Commander and Chef)
To: kellynla
15
posted on
04/10/2008 11:42:50 AM PDT
by
patton
(cuiquam in sua arte credendum)
To: biff
Using a geology-based assessment methodology, the U.S. Geological Survey estimated mean undiscovered volumes of 3.65 billion barrels of oil... Indeed, if true it, it is a great find and would be able to supply the United States with all of its oil needs for an entire five and a half months.
16
posted on
04/10/2008 11:42:54 AM PDT
by
trumandogz
("He is erratic. He is hotheaded. He loses his temper and it worries me." Sen Cochran on McCain)
To: RightWhale
Is this Breaking News?More like Bakken News.
17
posted on
04/10/2008 11:42:55 AM PDT
by
jdm
(With coffee, all things are possible (just kidding, Father).)
To: RightWhale
It is the first post of this report on the interent and it is interesting news about the USGS number versus the estimates
3.65 vs 200-500
18
posted on
04/10/2008 11:43:07 AM PDT
by
reluctantwarrior
(Strength and Honor, just call me Buzzkill for short......)
To: PSYCHO-FREEP
First Casinos and now oil wells...Damn those indians have it good!
19
posted on
04/10/2008 11:44:15 AM PDT
by
Holicheese
(Hillary deserves the CMoH for her time in Tuzla!)
To: colorado tanker
Toooooooo late, they have been drilling in the area for a long time and this has been out for sometime and drilling has been increasing.
In one recent article the total for oil in that area will reach 250-500 Billion barrels of oil.
20
posted on
04/10/2008 11:45:48 AM PDT
by
stockpirate
(A country that doesn't honor it's warriors will be defeated by one that does.)
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