May 2011, Vol. 238 No. 5


New Technology Produces New Opportunities And Pipeline Challenges

The Bakken, one of the best-known oil producing shale plays in North America, is responsible for a renaissance on the Northern Great Plains as oil prices stay above $100 per barrel and significantly increased oil and gas production brings record-breaking levels of wealth and investment into the region. Increased oil and gas production is occurring as a direct result of new and technologically advanced well drilling and completion methods. Geologic formations (such as hydrocarbon rich shale source rocks) in numerous sedimentary basins in the region are now giving up oil and gas in prodigious quantities from rock once thought too “tight” or impermeable to produce comme

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