Report doubles North Dakota's recoverable oil
There's a bigger pool of recoverable oil in the Williston Basin than previous estimates, according to a report released Thursday just ahead of the 18th Williston Basin Petroleum Conference and Expo opening Sunday in Bismarck.
Lynn Helms, director of the North Dakota Industrial Commission's Oil and Gas Division, said the new study pegs the recoverable oil in the Three Forks formation, under the famed Bakken Formation, at up to 2 billion barrels of oil within North Dakota alone.
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