Dec 21, 2013
North Dakota’s Bakken shale oil play is roughly the size of West Virginia. Perpetual projections of its total recoverable reserves have proven to be grossly underestimated, as new drilling uncovers more and more crude. With current estimates topped at 7.4 billion barrels, North Dakota sits behind Texas as the #2 producing oil-giant in the States. But unlike other formidably energy-rich states, little discussion is had about the regulatory atmosphere of the fracking industry in North Dakota.