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A Closer Look<br />
Shale<br />
Showdown:<br />
In this corner, the Bakken Play: The Bakken<br />
formation is a rock unit from the Late Devonian<br />
to Early Mississippian age occupying<br />
about 200,000 square miles of the subsurface<br />
of the Williston Basin, underlying parts<br />
of Montana, North Dakota, Saskatchewan and<br />
Manitoba. The formation is entirely in the subsurface.<br />
In April 2008, a United States Geological Survey<br />
(USGS) report estimated the amount of recoverable<br />
oil using technology readily available at the end<br />
of 2007 within the Bakken Formation at 3.0 to 4.3<br />
billion barrels, with a mean of 3.65 billion. In April<br />
2013, the USGS released a new figure for expected<br />
ultimate recovery of 7.4 billion barrels of oil.<br />
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