ND to see new oil wells punched for next 20 years
By JANELLE COLE
North Dakota has 2.1 billion barrels of recoverable oil in the Bakken formation, a number that will only go up as industry technology advances, the state's top oil regulator said Monday.
At the rate wells are being drilled, it will take 19 years to punch all the holes necessary to get to it, said Lynn Helms, North Dakota's director of mineral resources.
Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.
You will need your subscription account number and phone number. Not sure if you have an account? Email us at firstname.lastname@example.org and we can help you.