Your BAKKEN and BEYOND Industry Business Journal. Ten Reasons 2018 Will Be a Very Good Year. After several years of depressed activity, the outlook for the energy sector in 2018 has turned positive. Many indicators and trends suggest higher oil prices, more drilling and more developmental activity are ahead. Though the Tax Cuts .

Tuesday, May 6, 2008. Price of barrel of oil. Sunday, April 27, 2008. Bakken oil formation has industry gushing. Saskatchewan could be sitting on 25 billion to 100 billion barrels of sweet, light crude oil in the Bakken formation in the southeast part of the province, according to industry and government estimates. The huge potential of the Bakken play has industry and government officials gushing with superlatives.

Wednesday, May 28, 2008. Does the Bakken formation have enough oil for the world? With an oil price bubble forming in the futures market, will the Bakken oil formation help alleviate high prices? Bakken oil formation has industry gushing. Bruce Johnstone, Saskatchewan News Network. By comparison, the heavy oil resource in west-central Saskatchewan, which is considered to have great potential for future production, is estimated to be 25 billion barrels of oil in place.

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Sunday, August 31, 2008. Bakken field is vital to American economic growth. Simple geography has made America an automobile society, leaving current generations with a ravenous thirst for black gold. States like North Dakota, with its rich shale oil reserves, stand to benefit greatly from this economic equation while investors will reap huge profit margins. 19 percent by the year.