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The Three Forks Group is a stratigraphical unit of Famennian age in the Williston Basin. It takes the name from the city of Three Forks, Montana , and was first described in outcrop near the city by A.C. Peale in 1893 (for the Three Forks Shale).
The Parshall Oil Field is an oil field producing from the Bakken Formation and Three Forks Formation near the town of Parshall, in Mountrail County, North Dakota. The field is in the Williston Basin. The field was discovered in 2006 by Michael Johnson and sold the play to EOG Resources, which drilled, and now operates, most of the wells. [1]
In 2011, a senior manager at Continental Resources Inc. (CLR) declared that the "Bakken play in the Williston basin could become the world's largest discovery in the last 30–40 years," as ultimate recovery from the overall play is now estimated at 24 billion barrels (3.8 billion cubic metres). [33]
According to the USGS, Three Forks is estimated to contain between 1.6 billion and 6.8 billion undiscovered ultimately recoverable barrels of oil, as compared to between 2.8 billion and 4.6 ...
As we approached the middle of 2011, I noted in an article for my Foolish friends that, in my humble opinion, Austin, Texas-based Brigham Exploration was the optimum way to play the hot Bakken and ...
The Bakken is still rockin' for Kodiak Oil & Gas , which today announced it plans to spend $660 million cash to acquire additional core producing properties and undeveloped leaseholds in the ...
The Williston Basin is a large intracratonic sedimentary basin in eastern Montana, western North Dakota, South Dakota, southern Saskatchewan, and south-western Manitoba that is known for its rich deposits of petroleum and potash. The basin is a geologic structural basin but not a topographic depression; it is transected by the Missouri River ...
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