The Bakken Oil Field Resource

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This site is updated regularly with answers to the most frequent questions for the Bakken Oilfield in North Dakota.

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Bakken Shale News, Updates, and Information

The Bakken Formation in North Dakota lies inside the borders of the Williston Basin. The Bakken is affectionately referred to as the “Pork Chop“ by folks in the industry. The USGS has estimated recoverable oil reserves in the Bakken and Three Forks Formations to be between 4 and 6 Billion barrels of oil. However, industry professionals peg the current recoverable reserves at approximately 24 Billion barrels with today’s technology. This is a staggering number but even more staggering is the projected original oil in place (OOIP) at 400-500 Billion barrels! The USGS is conducting more research and will be publishing their revised estimate in October 2013. Check this website regularly for news, updates, and information.