Wednesday, July 15, 2009

Three Forks Play

It's a little off subject, but I was interested to read about a new oil shale play in North Dakota called the Three Forks-Sanish formation. Little is known about the play right now, but it seems to be stacked underneath the Bakken Shale in many locations. The Bakken Shale is a prolific oil shale play in North Dakota that has many producers excited. Early indications are that the Three Forks formation might be as rich in oil as the Bakken.

I mention this because I am pleased to see new discoveries of oil and gas in the Lower 48. I'm not sure how oil shales factor into the peak oil calculations, but anything that keeps us from buying foreign oil is a good thing to me.

No comments: