It all depends on what area of the field you are in since the Bakken varies widely through out the region.
The New Town/Parshall area has a higher yield and recovery rate because of the nature of the porosity of the formation there. It is also one of the thickest production zones found in the entire field to date.
It is still difficult to determine however, because most wells start off with a good flow, but fall off sharply according to what the recovery rate will allow. Fracking and other metods are still being tried to see which works best, but the entire field is still too unproven to gather any solid data either way.
There is a vast discrepancy on estimates of the field’s total volume and recoverable oil because of the lack of historical data. The zone being produced currently has not had enough drilling activity yet, to give those statistical results.
There is a great potential, but there still lacks the number of rigs needed to open the leases, which will give better statistical results.
Also, your post about the Albertal Oil Sands was not the original argument. it was first discussed about “Canadian Oil Shale’s.” The Alberta Oil sands is a different subject entirely. In fact, Sand and Siltstones in the Bakken is what make it producible using horizontal drilling methods.
So, believe me, don’t take me for some idiot who does not know what he is talking about. I’ll exchange technical data with anybody in that respect. My area of expertise deals with Horizontal drilling methods as well as production methods in the region.
Don’t mind them, Psycho. They cannot help themselves.
I was born into the oil industry nearly 60 years ago and have seen lots and lots of booms and busts. I used to feel sorry for the typical American consumer when prices got out of hand. Now I don’t care, because the American people, thru elections, has had since 1973/74 in order to get control of their own energy future. Failing to do that, they must pay the price now. And they will continue to have to pay until they wise up.
Son is DD here in TX.
Sorry, skimming through the posts and Alberta jumped out at me. My apologies.