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EIA cuts estimates on California shale’s recoverable oil

May 22, 2014 in Uncategorized

NEW YORK —The U.S. Energy Information Administration on Wednesday cut its estimate of recoverable oil in California’s Monterey shale by 96 percent, casting doubt on what was once thought to be America’s next major energy play.

In what could …continue reading on thedickinsonpress.com

Report more than doubles recoverable oil estimate for Williston Basin

April 30, 2013 in The Dickinson Press

BISMARCK The government estimates up to 7.4 billion barrels of oil can be recovered from the Bakken and Three Forks formations in the Dakotas and Montana, using current technology. Continue Reading