BLACK-GOLD BLUES
Billions of gallons of oil in North Dakota, Montana
Geological Survey calls find largest reserves outside Alaska
Posted: April 13, 2008
10:31 pm Eastern
By Jerome R. Corsi
© 2008 WorldNetDaily
A shale formation stretching North Dakota and Montana may have an estimated 3 to 4.3 billion barrels of technically recoverable oil, according to a U.S. Geological Survey assessment.
Known as the Bakken Formation, the find would make the recoverable oil in North Dakota and Montana the largest U.S. oil reserves outside Alaska.
![]() Map of Bakken Formation in northern United States, courtesy Grand Forks Herald |
The recently released assessment shows a 2,800 percent, or 28-times increase in the amount of oil recoverable from the Bakken Formation, compared to the agency's 1995 estimate of 151 million barrels of oil.