John Derbyshire at the National Review’s The Corner blog wanted more information about the Bakken Formation, the oil-rich strata underneath the Upper Great Plains we’ve been blogging about here. Derb was kind enough to mention several responses, including Shopfloor.org’s posts, and then later linked to this report at The Oil Drum, a thorough discussion of the formation’s potential by Piccolo, a petroeum engineer. Piccolo is not as optimistic as the USGS as to the total recoverable oil, noting the formation may have already reached peak production.
Very good review, although we anxiously await an analysis from Contrabassoon.
UPDATE (9:10 a.m. Tuesday): Much, much more at Next Big Future, including well-by-well production figures.
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