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Bakken, Three Forks largest continuous US oil accumulation

Oil & Gas Journal

By:
ORCID iD and ORCID iD

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Abstract

The recent reversal of the declining trend of US oil production is largely due to production from unconventional or "continuous" low-permeability reservoirs by use of multistage hydraulic fracturing of horizontal legs of exploration wells. The US currently produces about 7.4 million bo/d, and the increasing trend in domestic production has led to speculation that the US could become energy independent in oil in the near future.

The US still imports an additional 11 million bo/d to meet consumption requirements).1 Critical to the discussion of energy independence are estimates of resources contained in low-porosity and low-permeability (or "tight") continuous oil and gas accumulations, which have formed a critical component of national energy policies in recent years.

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Additional publication details

Publication type:
Article
Publication Subtype:
Journal Article
Title:
Bakken, Three Forks largest continuous US oil accumulation
Series title:
Oil & Gas Journal
Volume:
112
Issue:
1
Year Published:
2013
Language:
English
Publisher:
PennWell Corporation
Publisher location:
Tulsa, OK
Contributing office(s):
Central Energy Resources Science Center
Description:
6 p.
First page:
48
Last page:
53
Country:
United States
State:
Montana, North Dakota, South Dakota, Wyoming