Whoopee! More CO2 and methane for the atmosphere!

ND oil patch is bigger than thought, new USGS report says

by Dan Gunderson, Minnesota Public Radio
April 30, 2013

MOORHEAD, Minn. — The U.S. Geological Survey is significantly increasing its assessment of oil and gas reserves in the Williston basin of North Dakota.

In the past five years, more than 4,000 new wells in the Williston area have offered new information about the subsurface geology and the potential for oil and gas.

• Read the USGS report

USGS Acting Director Suzette Kimball said in a news conference Tuesday morning that this information will help the Obama administration to use sound science making decisions about developing America's domestic energy sources.

"Together the Bakken and Three Forks formations contain an estimated mean of 7.4 billion barrel of undiscovered technically recoverable oil. This assessment is a two-fold increase from the 2008 assessment," Kimball said.

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