“They shut down the drilling but they didnt shut down the wells already drilled.”
Actually, they shut down drilling other than from existing platforms.
As an example, Exxon drilled this well a few years ago.
http://news.exxonmobil.com/press-release/exxonmobil-sets-drilling-records
No one would consider this and the attendant risk unless there was sizable amounts of oil still there.
Thanks for the correction.
The oilLynn Helms, director of North Dakotas Oil and Gas Division, claimed the resource could be as much as 300 billion barrels
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here again is the off the charts number. are they getting this from continental’s recent successes? or is this guy just making happy music. and what the hey.