Wednesday, April 9, 2008

So ... How Much Oil ?

The report from USGS is due tomorrow that takes a guess at the potential for oil recovery from the Bakken Filed I talked about in this post. Anticipation is rampant, it could be huge. But as estimates go, the North Slope has yielded about 3 times the original estimate. You can guess between 10 and 500 billion barrels. The North Slope original estimate was 10 billion barrels.

We should know tomorrow... stay tuned.

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