Manonthestreet
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The Bakken gets bigger - likely a LOT bigger
Friday, June 13, 2014
Oil producers are now cracking the code on the Torquay, or Three Forks formation below the Bakken, and coming up with incredible economicsthese wells are paying back in only seven months.
This news has completely re-invigorated the Canadian side of the Bakken. And on the US side, the Three Forks is causing industry to leap-frog estimates of the amount of recoverable oil availableby about 57%! OilVoice | The Bakken gets bigger - likely a LOT bigger - Page 1
Friday, June 13, 2014
Oil producers are now cracking the code on the Torquay, or Three Forks formation below the Bakken, and coming up with incredible economicsthese wells are paying back in only seven months.
This news has completely re-invigorated the Canadian side of the Bakken. And on the US side, the Three Forks is causing industry to leap-frog estimates of the amount of recoverable oil availableby about 57%! OilVoice | The Bakken gets bigger - likely a LOT bigger - Page 1