FARGO -- The Bakken Formation's oil bonanza was triggered eons ago in a story involving a cast of millions, earthly upheavals, heat and pressure -- lots and lots of pressure. It's actually a very ...

Exxon Mobil Corporation XOM, the largest oil producer in the United States, is reportedly looking to sell some of its assets in North Dakota’s Bakken shale formation. According to a Reuters report, ...

The Bakken Shale Formation—a 200,000-square-mile shale deposit below parts of Canada and North Dakota—has supplied billions of barrels of oil and natural gas to North America for 70 years. A new ...

Whiting Petroleum Corp said on Tuesday it is buying nearly 40,000 acres of land in the Bakken shale formation for $260 million. The seller was not disclosed. The 39,310 gross acres in North Dakota and ...

BISMARCK, N.D. — A single successful oil well tapped below the Bakken shale formation in western North Dakota has spurred speculation that a separate — and perhaps rich — oil-producing reservoir may ...

BISMARCK, N.D. (AP) — Oil drillers targeting the rich Bakken shale formation in western North Dakota and eastern Montana have produced 1 billion barrels of crude, data from the two states show.

The Bakken shale has stabilized production around 1.1 million b/d, with margins squeezed by low-to-mid $50s/bbl oil prices, leading to a focus on operational efficiency rather than expansion. Vaca ...

Though the Permian Basin still dominates US land drilling, the pace of growth in this region has slowed significantly.Older tight oil wells decline by 20% per year without material intervention, ...

Geologists studying the Bakken Shale Formation discovered a critical kill mechanism behind a series of extinctions some 350 million years ago. The Bakken Shale Formation -- a 200,000-square-mile shale ...