Tags » Bakken Formation

Independence: Oil Imports Decline as Shale Revolution Supercharges Production

“Oil production gains from the Bakken and Eagle Ford shale formations are a major reason why U.S. imports of crude oil have dropped to levels not seen since the mid-1990s.” 341 more words
Mediasphere

Weekly Photo Challenge: Silhouette (Oil Wells)

The oil boom in North Dakota means that there are some places where oil wells crowd each other in the zest to drain the Bakken Oil Formation of its oil as quickly as possible (which, most likely will be many years from now). 26 more words

Photography

U.S. shale pioneer may have to share $17-billion fortune with estranged wife

More than US$17-billion of Oklahoma oilman Harold Hamm’s fortune could be subject to division with his estranged wife, according to an economic analysis presented in their divorce trial, defining the stakes in one of the biggest battles ever over a  marital estate. 773 more words

Energy