The Shale Revolution has transformed the Bakken Shale from an area with production below 200 MBOEPD to the nation’s third largest producing oil field. Its transformation has been a staple of growth in North Dakota – a state growing at five times the rate of any of its competitors. Production in August 2014 is forecasted to surpass 1,100 MBOEPD, trailing only the Permian and the Eagle Ford, and the majority is attributable to hydraulic fracturing and horizontal drilling.

The United States Geological Survey estimates the Bakken, along with the T...


Legal Notice