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  • Our Natural Resources....

    Reston, VA - North Dakota and Montana have an estimated 3.0 to 4.3 billion barrels of undiscovered, technically recoverable oil in an area known as the Bakken Formation.

    A U.S. Geological Survey assessment, released April 10, shows a 25-fold increase in the amount of oil that can be recovered compared to the agency's 1995 estimate of 151 million barrels of oil.

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    3 to 4.3 Billion Barrels of Oil in North Dakota and Montana

    Technically recoverable oil resources are those producible using currently available technology and industry practices. USGS is the only provider of publicly available estimates of undiscovered technically recoverable oil and gas resources.

    New geologic models applied to the Bakken Formation, advances in drilling and production technologies, and recent oil discoveries have resulted in these substantially larger technically recoverable oil volumes. About 105 million barrels of oil were produced from the Bakken Formation by the end of 2007.

    The USGS Bakken study was undertaken as part of a nationwide project assessing domestic petroleum basins using standardized methodology and protocol as required by the Energy Policy and Conservation Act of 2000.

    The Bakken Formation estimate is larger than all other current USGS oil assessments of the lower 48 states and is the largest "continuous" oil accumulation ever assessed by the USGS. A "continuous" oil accumulation means that the oil resource is dispersed throughout a geologic formation rather than existing as discrete, localized occurrences. The next largest "continuous" oil accumulation in the U.S. is in the Austin Chalk of Texas and Louisiana, with an undiscovered estimate of 1.0 billions of barrels of technically recoverable oil.

    "It is clear that the Bakken formation contains a significant amount of oil - the question is how much of that oil is recoverable using today's technology?" said Senator Byron Dorgan, of North Dakota. "To get an answer to this important question, I requested that the U.S. Geological Survey complete this study, which will provide an up-to-date estimate on the amount of technically recoverable oil resources in the Bakken Shale formation."

    The USGS estimate of 3.0 to 4.3 billion barrels of technically recoverable oil has a mean value of 3.65 billion barrels. Scientists conducted detailed studies in stratigraphy and structural geology and the modeling of petroleum geochemistry. They also combined their findings with historical exploration and production analyses to determine the undiscovered, technically recoverable oil estimates.

    USGS worked with the North Dakota Geological Survey, a number of petroleum industry companies and independents, universities and other experts to develop a geological understanding of the Bakken Formation. These groups provided critical information and feedback on geological and engineering concepts important to building the geologic and production models used in the assessment.

    Five continuous assessment units (AU) were identified and assessed in the Bakken Formation of North Dakota and Montana - the Elm Coulee-Billings Nose AU, the Central Basin-Poplar Dome AU, the Nesson-Little Knife Structural AU, the Eastern Expulsion Threshold AU, and the Northwest Expulsion Threshold AU.

    At the time of the assessment, a limited number of wells have produced oil from three of the assessments units in Central Basin-Poplar Dome, Eastern Expulsion Threshold, and Northwest Expulsion Threshold.
    The Elm Coulee oil field in Montana, discovered in 2000, has produced about 65 million barrels of the 105 million barrels of oil recovered from the Bakken Formation.

    Results of the assessment can be found at http://energy.usgs.gov.
    Love all, trust a few. Do wrong to none - William Shakespeare
    Be polite, be professional, but have a plan to kill everyone you meet.- James Mattis
    It is foolish and wrong to mourn the men who died. Rather we should thank God that such men lived. - Lt. Gen. George S. Patton

    http://www.youtube.com/watch?v=7cFL80PN3wA&sns=em

  • #2
    Now why are we buying overseas...?
    Love all, trust a few. Do wrong to none - William Shakespeare
    Be polite, be professional, but have a plan to kill everyone you meet.- James Mattis
    It is foolish and wrong to mourn the men who died. Rather we should thank God that such men lived. - Lt. Gen. George S. Patton

    http://www.youtube.com/watch?v=7cFL80PN3wA&sns=em

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    • #3
      Not as easy to get at as the article suggests.

      M-11
      “All men dream...... But not equally..
      Those who dream by night in the dusty recesses of their minds wake in the day to find it is vanity;
      but the dreamers of the day are dangerous men,
      for they act their dreams with open eyes to make it possible.....”

      TE Lawrence

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      • #4
        But...but...but...if we drill it, we might endanger the Yellow-Cockled Sapsuckers in the region!!!!
        Lt. Col. Grace - "Lt. Murphey, why are you all dressed up to mack on the ladies?"
        Me - "Sir, you just answered your own question."

        Comment


        • #5
          Because a small group of people dicatate our lives and our economy maybe..?
          Love all, trust a few. Do wrong to none - William Shakespeare
          Be polite, be professional, but have a plan to kill everyone you meet.- James Mattis
          It is foolish and wrong to mourn the men who died. Rather we should thank God that such men lived. - Lt. Gen. George S. Patton

          http://www.youtube.com/watch?v=7cFL80PN3wA&sns=em

          Comment


          • #6
            As M-11 pointed out, it isn't as simple as "drilling."

            Why is this even posted here? "LEOs and the public can discuss a variety of law enforcement topics. No Non-LE topics!"
            sigpic
            A L L G A V E S O M E,  B U T S O M E G A V E A L L

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            • #7
              Originally posted by Resq14 View Post
              As M-11 pointed out, it isn't as simple as "drilling."

              Why is this even posted here? "LEOs and the public can discuss a variety of law enforcement topics. No Non-LE topics!"
              Because its a Public forum! Relax don't get bent because I posted a legit discussion Topic....
              Love all, trust a few. Do wrong to none - William Shakespeare
              Be polite, be professional, but have a plan to kill everyone you meet.- James Mattis
              It is foolish and wrong to mourn the men who died. Rather we should thank God that such men lived. - Lt. Gen. George S. Patton

              http://www.youtube.com/watch?v=7cFL80PN3wA&sns=em

              Comment


              • #8
                Originally posted by jhall View Post
                Because its a Public forum! Relax don't get bent because I posted a legit discussion Topic....
                I think the point is that there is an "off-topic" forum for topics that do not belong in the "general law enforcement" forum.

                technically recoverable oil
                Haha, now what's that supposed to mean?

                Comment


                • #9
                  ...technically recoverable oil...
                  Haha, now what's that supposed to mean?
                  Well, if you read beyond the first paragraph...

                  Technically recoverable oil resources are those producible using currently available technology and industry practices.
                  Lt. Col. Grace - "Lt. Murphey, why are you all dressed up to mack on the ladies?"
                  Me - "Sir, you just answered your own question."

                  Comment


                  • #10
                    Originally posted by Exodus259
                    ...because Obama is a homo.





                    Popcorn, anyone?


                    Edit: I figure I should at least throw in a serious reply. We should use it. I do agree that the article makes it sound all nice and easy, but it can't be all that great. Still, we should work at it! Best of luck to us!
                    Last edited by GreenZone09; 03-04-2011, 01:02 PM.
                    sigpic

                    Originally posted by mitojo
                    I was once thanked by two citizens in one day. Weird.

                    Comment


                    • #11
                      Whether it's easy to get at or not who cares? Ultimately the price to extract it has to be cheaper than foreign dependence in the long run.....

                      I know I'm replying to an off-topic thread stuck in the wrong spot but this is a pet peeve of mine.

                      I say drill and kill any animals in the way. We'll fry them up with some gravy and feed the workers!

                      Anyone here remember this country when we still had marbles in our sacks and weren't afraid to roll up our sleeves and get things done? I sure as hell do and am sick of the "sit on our hands" politics in this country.

                      While I'm on a rant here I don't care for Prius driving, tree huggin, animal bangers either.

                      There I feel better.....

                      Comment


                      • #12
                        Originally posted by zr5667 View Post
                        technically recoverable oil
                        Haha, now what's that supposed to mean?
                        If memory serves, that is oil which can be recovered, but it is not in the "usual" form of liquid, at least not 100%. Like Shale oil, which takes extensive processing to separate the oil from the rock before being refined. Recoverable, but not cost effective.

                        Comment


                        • #13
                          Originally posted by Murf425 View Post
                          Well, if you read beyond the first paragraph...
                          Woah, you're one of those read the whole article types?

                          It struck me as caveat, sure we can get it, but it'll cost twice as much as importing it. What JustAJ said, basically.

                          Personally, I'm all for using foreign oil until the last possible moment.
                          Last edited by zr5667; 03-04-2011, 06:15 PM.

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                          • #14
                            Originally posted by Exodus259
                            It means it is recoverable, but we'd rather buy it from overseas and get raped on prices at the pump because Obama is a homo.

                            Yeah its his fault we haven't drilled Please I didn't see the Republicans open ANWR. Oh wait didn't GWB have ties with the Sauds?

                            The topic isn't as easy as you think it is. Allies and partners aren't just made on a handshake.

                            How about do one better and find alternative sources and demand better fuel economy from our vehicles? Oh wait money gets in the way of that...
                            Last edited by That Guy; 03-04-2011, 07:17 PM.
                            Disclaimer: The writer does not represent any organization, employer, entity or other individual. The views expressed are those only of the writer. In the case of a sarcastic, facetious, nonsensical, stirring-the-pot, controversial or devil's advocate-type post, the views expressed may not even reflect those of the writer [This sig stolen from Brickcop who stole it from Frank Booth].

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                            • #15
                              Even if it isnt cost effective it will ease the pressure and reduce the price of oil and in worst case of an oil blockade we will be ready to go full force without wating 3 years

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