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- Bakken_Formation abstract "The Bakken Formation /ˈbɑːkən/ is a rock unit from the Late Devonian to Early Mississippian age occupying about 200,000 square miles (520,000 km2) of the subsurface of the Williston Basin, underlying parts of Montana, North Dakota, Saskatchewan and Manitoba. The formation was initially described by geologist J.W. Nordquist in 1953. The formation is entirely in the subsurface, and has no surface outcrop. It is named after Henry Bakken, a farmer in Tioga, North Dakota who owned the land where the formation was initially discovered, during drilling for oil.Besides being a widespread prolific source rock for oil when thermally mature, significant producible oil reserves exist within the Bakken formation itself. Oil was first discovered within the Bakken in 1951, but past efforts to produce it have faced technical difficulties. In April 2008, a USGS report estimated the amount of recoverable oil using technology readily available at the end of 2007 within the Bakken Formation at 3.0 to 4.3 billion barrels (680,000,000 m3), with a mean of 3.65 billion. Simultaneously the state of North Dakota released a report with a lower estimate of 2.1 billion barrels (330,000,000 m3) of technically recoverable oil in the Bakken. Various other estimates place the total reserves, recoverable and non-recoverable with today's technology, at up to 24 billion barrels. A recent estimate places the figure at 18 billion barrels. In April 2013, the US Geological Survey released a new figure for expected ultimate recovery of 7.4 billion barrels of oil.The application of hydraulic fracturing and horizontal drilling technologies have caused a boom in Bakken production since 2000. By the end of 2010, oil production rates had reached 458,000 barrels (72,800 m3) per day, thereby outstripping the pipeline capacity to ship oil out of the Bakken. There is some controversy over the safety of shipping it by rail. This was illustrated by the 2013 Lac-Mégantic rail disaster in which a unit train carrying 77 tank cars full of highly volatile Bakken oil through Quebec from North Dakota to the Irving Oil Refinery in New Brunswick derailed and exploded in the town centre of Lac-Mégantic, destroying 30 buildings (half the downtown core) and killing 47 people. The explosion was estimated to have a 1-kilometre (0.62 mi) blast radius.As of January 2015, estimates varied on the break-even oil price for drilling Bakken wells. The North Dakota Department of Natural Resources estimated overall break-even to be just below US$40 per barrel. An analyst for Wood McKenzie said that the overall break-even price was US$62/barrel, but in high-productivity areas such as Sanish Field and Parshall Oil Field, the break-even price was US$38-US$40 per barrel.".
- Bakken_Formation thumbnail Bakken_Reservoir_fields_in_Williston_Basin.jpg?width=300.
- Bakken_Formation wikiPageExternalLink bakken-formation.shtml.
- Bakken_Formation wikiPageExternalLink FS08-3021_508.pdf.
- Bakken_Formation wikiPageExternalLink 2236174487.
- Bakken_Formation wikiPageExternalLink www.bakkendispatch.com.
- Bakken_Formation wikiPageExternalLink %21.
- Bakken_Formation wikiPageID "14210322".
- Bakken_Formation wikiPageLength "43401".
- Bakken_Formation wikiPageOutDegree "120".
- Bakken_Formation wikiPageRevisionID "701063844".
- Bakken_Formation wikiPageWikiLink Anoxic_waters.
- Bakken_Formation wikiPageWikiLink Break-even_(economics).
- Bakken_Formation wikiPageWikiLink Byron_Dorgan.
- Bakken_Formation wikiPageWikiLink Carbonate.
- Bakken_Formation wikiPageWikiLink Category:Devonian_Canada.
- Bakken_Formation wikiPageWikiLink Category:Devonian_Montana.
- Bakken_Formation wikiPageWikiLink Category:Devonian_United_States.
- Bakken_Formation wikiPageWikiLink Category:Devonian_stratigraphic_units_of_North_America.
- Bakken_Formation wikiPageWikiLink Category:Geologic_formations_of_Canada.
- Bakken_Formation wikiPageWikiLink Category:Geologic_formations_of_Montana.
- Bakken_Formation wikiPageWikiLink Category:Geologic_formations_of_North_Dakota.
- Bakken_Formation wikiPageWikiLink Category:Geology_of_Saskatchewan.
- Bakken_Formation wikiPageWikiLink Category:Mississippian_geologic_formations.
- Bakken_Formation wikiPageWikiLink Category:Oil_fields_in_North_Dakota.
- Bakken_Formation wikiPageWikiLink Category:Shale_formations.
- Bakken_Formation wikiPageWikiLink Continental_Resources.
- Bakken_Formation wikiPageWikiLink Crescent_Point_Energy.
- Bakken_Formation wikiPageWikiLink Devonian.
- Bakken_Formation wikiPageWikiLink Directional_drilling.
- Bakken_Formation wikiPageWikiLink Dolomite.
- Bakken_Formation wikiPageWikiLink Double_H_Pipeline.
- Bakken_Formation wikiPageWikiLink EOG_Resources.
- Bakken_Formation wikiPageWikiLink Eagle_Ford_Group.
- Bakken_Formation wikiPageWikiLink Elm_Coulee_Oil_Field.
- Bakken_Formation wikiPageWikiLink Enbridge.
- Bakken_Formation wikiPageWikiLink Energy_Information_Administration.
- Bakken_Formation wikiPageWikiLink ExxonMobil.
- Bakken_Formation wikiPageWikiLink Geological_formation.
- Bakken_Formation wikiPageWikiLink Geologist.
- Bakken_Formation wikiPageWikiLink Gross_domestic_product.
- Bakken_Formation wikiPageWikiLink Henry_Hub.
- Bakken_Formation wikiPageWikiLink Hess_Corporation.
- Bakken_Formation wikiPageWikiLink Hydraulic_fracturing.
- Bakken_Formation wikiPageWikiLink Hydraulic_fracturing_in_Canada.
- Bakken_Formation wikiPageWikiLink Hydrocarbon_exploration.
- Bakken_Formation wikiPageWikiLink Hydrogen_sulfide.
- Bakken_Formation wikiPageWikiLink Irving_Oil_Refinery.
- Bakken_Formation wikiPageWikiLink Keystone_Pipeline.
- Bakken_Formation wikiPageWikiLink Lac-Mégantic_rail_disaster.
- Bakken_Formation wikiPageWikiLink Leigh_Price.
- Bakken_Formation wikiPageWikiLink Lightstream_Resources.
- Bakken_Formation wikiPageWikiLink Louisiana.
- Bakken_Formation wikiPageWikiLink Madison_Group.
- Bakken_Formation wikiPageWikiLink Manitoba.
- Bakken_Formation wikiPageWikiLink Marathon_Oil.
- Bakken_Formation wikiPageWikiLink Minneapolis–Saint_Paul.
- Bakken_Formation wikiPageWikiLink Mississippian_(geology).
- Bakken_Formation wikiPageWikiLink Montana.
- Bakken_Formation wikiPageWikiLink Montana_PBS.
- Bakken_Formation wikiPageWikiLink New_Brunswick.
- Bakken_Formation wikiPageWikiLink New_Mexico.
- Bakken_Formation wikiPageWikiLink North_America.
- Bakken_Formation wikiPageWikiLink North_Dakota.
- Bakken_Formation wikiPageWikiLink North_Dakota_oil_boom.
- Bakken_Formation wikiPageWikiLink Oil_well.
- Bakken_Formation wikiPageWikiLink Parshall,_North_Dakota.
- Bakken_Formation wikiPageWikiLink Parshall_Oil_Field.
- Bakken_Formation wikiPageWikiLink Permeability_(earth_sciences).
- Bakken_Formation wikiPageWikiLink Permian_Basin_(North_America).
- Bakken_Formation wikiPageWikiLink Petroleum.
- Bakken_Formation wikiPageWikiLink Pipeline_transport.
- Bakken_Formation wikiPageWikiLink Pony_Express_Pipeline.
- Bakken_Formation wikiPageWikiLink Porosity.
- Bakken_Formation wikiPageWikiLink Questar_Corporation_(gas_company).
- Bakken_Formation wikiPageWikiLink Richardson_International.
- Bakken_Formation wikiPageWikiLink Richland_County,_Montana.
- Bakken_Formation wikiPageWikiLink Samson_Resources.
- Bakken_Formation wikiPageWikiLink Sandstone.
- Bakken_Formation wikiPageWikiLink Saskatchewan.
- Bakken_Formation wikiPageWikiLink Shale.
- Bakken_Formation wikiPageWikiLink Siltstone.
- Bakken_Formation wikiPageWikiLink Sour_gas.
- Bakken_Formation wikiPageWikiLink Source_rock.
- Bakken_Formation wikiPageWikiLink Statoil.
- Bakken_Formation wikiPageWikiLink Stratigraphic_unit.
- Bakken_Formation wikiPageWikiLink Tesoro.
- Bakken_Formation wikiPageWikiLink Texas.
- Bakken_Formation wikiPageWikiLink Three_Forks_Group.
- Bakken_Formation wikiPageWikiLink Tight_oil.
- Bakken_Formation wikiPageWikiLink Tioga,_North_Dakota.
- Bakken_Formation wikiPageWikiLink United_States_Geological_Survey.
- Bakken_Formation wikiPageWikiLink Wabamun_Formation.
- Bakken_Formation wikiPageWikiLink West_Texas_Intermediate.
- Bakken_Formation wikiPageWikiLink Whiting_Petroleum.
- Bakken_Formation wikiPageWikiLink Williston_Basin.
- Bakken_Formation wikiPageWikiLink Wyoming.
- Bakken_Formation wikiPageWikiLink XTO_Energy.
- Bakken_Formation wikiPageWikiLink File:Bakken_Core.JPG.
- Bakken_Formation wikiPageWikiLink File:Bakken_Stratigraphy.png.