One year ago, I wrote this story, asking—could the Bakken ever hit 1 million barrels of oil per day (bopd) production? Well, now the Market is asking—when (not if) will it hit 2 million? A massive, 76 ...

A new government study released today estimates that the amount of recoverable oil in the Bakken Formation in North Dakota, South Dakota and Montana (see map above) – at 7.4 billion barrels – is more ...

The Green River Formation, the world’s largest oil shale deposit, is located in a largely vacant region of mostly federal land on the western edge of the Rocky Mountains that includes portions of ...

A report by the North Dakota Department of Mineral Resources indicates there may be nearly as much recoverable oil from the Three Forks formation as in the Bakken shale. While there is more total oil ...

Texas, US-based IPR Energy Group (IPR) has made an oil discovery with its West AY-1X exploration well onshore Egypt, and the operator is already considering further wells to exploit the same sand. The ...