The government estimates up to 4.3 billion barrels of oil can be recovered from the Bakken shale formation in North Dakota and Montana, using current technology.

It's the largest American oil accumulation it has ever assessed outside of Alaska.

USGS survey says area in Montana, N.D. may hold vast oil reserves The United States Geological Survey released an assessment of the oil reserves of the Bakken Formation, an area of shale and other rock that ...

In the Rockies today, a new estimate on oil reserves in Montana and an Idaho senator submits a new version of his Owyhee Canyonlands wilderness bill.

Send this Headwaters page to a friend or colleague: USGS survey says area in Montana, N.D. may hold vast oil reserves The United States Geological Survey released an assessment of the oil reserves of the Bakken ...

Big news for the oil industry in North Dakota. The U.S. Geological Survey says the Bakken Shale formation in western North Dakota holds more recoverable oil than any other place in the lower 48.

As oil prices skyrocket, this has motivated investors to look at ideas that were just too expensive not long ago.

THE U.S. GEOLOGICAL SURVEY ESTIMATES UP TO 4.3 BILLION BARRELS OF OIL CAN BE RECOVERED FROM THE BAKKEN SHALE FORMATION IN NORTH DAKOTA AND MONTANA, USING CURRENT TECHNOLOGY.

The government estimated Thursday that up to 4.3 billion barrels of oil can be recovered from the Bakken shale formation in North Dakota and adjacent areas using current technology.

Crews looking for oil deposits last year in North Dakota. Now an area in the region is estimated to hold vast oil resources.