BISMARCK, N.D. (AP) — State data show that 1 billion
barrels of oil have been produced from the rich Bakken shale formation
in western North Dakota and eastern Montana.
Drillers first
targeted the Bakken in Montana in 2000 and moved into North Dakota about
five years later using advanced horizontal drilling and hydraulic
fracturing techniques.
Data show that North Dakota has tallied 852 million barrels of Bakken crude, and Montana has produced
about 151 million barrels.
The
Bakken encompasses some 25,000 square miles in North Dakota, Montana,
Saskatchewan and Manitoba. About two-thirds of the acreage is in western
North Dakota.
Oklahoma-based Continental Resources is the biggest
leaseholder in the Bakken. The company says two-thirds of the
production from the Bakken has come in the past three years.
Copyright 2014 The Associated Press. All rights
reserved. This material may not be published, broadcast, rewritten or
redistributed.
BISMARCK, N.D. (AP) — State data show that 1 billion
barrels of oil have been produced from the rich Bakken shale formation
in western North Dakota and eastern Montana.
Drillers first
targeted the Bakken in Montana in 2000 and moved into North Dakota about
five years later using advanced horizontal drilling and hydraulic
fracturing techniques.
Data show that North Dakota has tallied 852 million barrels of Bakken crude, and Montana has produced
about 151 million barrels.
The
Bakken encompasses some 25,000 square miles in North Dakota, Montana,
Saskatchewan and Manitoba. About two-thirds of the acreage is in western
North Dakota.
Oklahoma-based Continental Resources is the biggest
leaseholder in the Bakken. The company says two-thirds of the
production from the Bakken has come in the past three years.
Copyright 2014 The Associated Press. All rights
reserved. This material may not be published, broadcast, rewritten or
redistributed.