milu's Blog

Since May of 2000 oil drilling has been ongoing at the Bakken Formation: oil and gas shale in Wyoming, N. Dakota and Saskatchewan, Canada.

But Navymom says that the Dems and moderate Reps don't want you to know about it??

Why would the Dems, et al. care if we, the people, know that there has been oil drilling since May 2000.  So one has to wonder where NM gets her disinformation from??  The Dems are not holding anything up but that is what Navy mom is saying.

Furthermore, "The Bakken potential resource, while large by US onshore field standards, will have only a minor effect on US production or imports. Using 2006 US imports and consumption for comparison, the Bakken undiscovered resource of 3,649 million barrels of oil, if subsequently discovered and fully developed, would provide us with the equivalent of six months of oil consumption or 10 months of imports, spread over 20 or more years. In reality, the reserves developed are likely to be many times smaller than this value." http://www.theoildrum.com/node/3868

Posted by Gail the Actuary on April 26, 2008 - 10:00am
Topic: Supply/Production
Tags: Bakken, Bakken Shale, williston basin [list all tags]

This is a post by Piccolo, a petroleum engineer working in the petroleum industry.