Bakken Formation
The Bakken Formation () is a rock unit from the Late Devonian to Early Mississippian age occupying about of the subsurface of the Williston Basin, underlying parts of Montana, North Dakota, Saskatchewan and Manitoba. The formation was initially described by geologist J. W. Nordquist in 1953. The formation is entirely in the subsurface, and has no surface outcrop. It is named after Henry O. Bakken (1901–1982), a farmer in Tioga, North Dakota, who owned the land where the formation was initially discovered while drilling for oil. Besides the Bakken formation being a widespread prolific source rock for oil when thermally mature, significant producible oil reserves exist within the rock unit itself. Oil was first discovered within the Bakken in 1951, but past efforts to produce it have faced technical difficulties. In April 2008, a USGS report estimated the amount of recoverable oil using technology readily available at the end of 2007 within the Bakken Formation at 3.0 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Geological Formation
A geological formation, or simply formation, is a body of rock having a consistent set of physical characteristics ( lithology) that distinguishes it from adjacent bodies of rock, and which occupies a particular position in the layers of rock exposed in a geographical region (the stratigraphic column). It is the fundamental unit of lithostratigraphy, the study of strata or rock layers. A formation must be large enough that it can be mapped at the surface or traced in the subsurface. Formations are otherwise not defined by the thickness of their rock strata, which can vary widely. They are usually, but not universally, tabular in form. They may consist of a single lithology (rock type), or of alternating beds of two or more lithologies, or even a heterogeneous mixture of lithologies, so long as this distinguishes them from adjacent bodies of rock. The concept of a geologic formation goes back to the beginnings of modern scientific geology. The term was used by Abraham Gottlob Wer ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bakken Wells 2008 , a Danish professional basketball club
{{dab, geo ...
Bakken may refer to: People *Bakken (surname), list of people with this name Places *Bakken, Agder, a village in Iveland municipality, Agder county, Norway *The Bakken, a medical electricity museum in Minneapolis, Minnesota, US *Dyrehavsbakken, a Danish amusement park referred to informally as Bakken *Bakken formation, a rock unit with producible reserves of oil in North America *Bakken pipeline, an oil pipeline in the US Other *Bakken Air, an airline based in Bismarck, North Dakota *Bakken Bears Bakken Bears is a Denmark, Danish professional basketball club based in Aarhus. The club plays in the Basketligaen, the top tier basketball league in Denmark. Founded in 1953, the club has won the Basketligaen 20 times and holds the record for t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Dow Jones & Company
Dow Jones & Company, Inc. is an American publishing firm owned by News Corp and led by CEO Almar Latour. The company publishes ''The Wall Street Journal'', ''Barron's'', ''MarketWatch'', ''Mansion Global'', ''Financial News'' and ''Private Equity News''. It formerly published the Dow Jones Industrial Average. History The company was founded in 1882 by three reporters: Charles Dow, Edward Jones, and Charles Bergstresser. Charles Dow was widely known for his ability to break down and convey what was often considered very convoluted financial information and news to the general public - this is one of the reasons why Dow Jones & Company is well known for their publications and transferring of important and sometimes difficult to understand financial information to people across the globe. Nevertheless, the three reporters were joined in control of the organization by Thomas F. Woodlock. Dow Jones was acquired in 1902 by Clarence Barron, the leading financial journalist of the da ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Directional Drilling
Directional drilling (or slant drilling) is the practice of drilling non-vertical bores. It can be broken down into four main groups: oilfield directional drilling, utility installation directional drilling, directional boring (horizontal directional drilling - HDD), and surface in seam (SIS), which horizontally intersects a vertical bore target to extract coal bed methane. History Many prerequisites enabled this suite of technologies to become productive. Probably, the first requirement was the realization that oil wells, or water wells, do not necessarily need to be vertical. This realization was quite slow, and did not really grasp the attention of the oil industry until the late 1920s when there were several lawsuits alleging that wells drilled from a rig on one property had crossed the boundary and were penetrating a reservoir on an adjacent property. Initially, proxy evidence such as production changes in other wells was accepted, but such cases fueled the development of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hydraulic Fracturing
Fracking (also known as hydraulic fracturing, hydrofracturing, or hydrofracking) is a well stimulation technique involving the fracturing of bedrock formations by a pressurized liquid. The process involves the high-pressure injection of "fracking fluid" (primarily water, containing sand or other proppants suspended with the aid of thickening agents) into a wellbore to create cracks in the deep-rock formations through which natural gas, petroleum, and brine will flow more freely. When the hydraulic pressure is removed from the well, small grains of hydraulic fracturing proppants (either sand or aluminium oxide) hold the fractures open. Hydraulic fracturing began as an experiment in 1947, and the first commercially successful application followed in 1950. As of 2012, 2.5 million "frac jobs" had been performed worldwide on oil and gas wells, over one million of those within the U.S. Such treatment is generally necessary to achieve adequate flow rates in shale gas, tight gas, tig ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Petroleum
Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Petroleum is primarily recovered by oil drilling. Drilling is carried out after studies of structural geology, sedimentary basin analysis, and reservoir characterisation. Recent developments in technologies have also led to exploitation of other unconventional reserves such as oil sands and oil shale. Once extracted, oil is refined and separated, most easily by distillation, into innumerable products for direct use or use in manufacturing. Products include fuels such as gasol ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Source Rock
In petroleum geology, source rock is rock which has generated hydrocarbons or which could generate hydrocarbons. Source rocks are one of the necessary elements of a working petroleum system. They are organic-rich sediments that may have been deposited in a variety of environments including deep water marine, lacustrine and deltaic. Oil shale can be regarded as an organic-rich but immature source rock from which little or no oil has been generated and expelled. Subsurface source rock mapping methodologies make it possible to identify likely zones of petroleum occurrence in sedimentary basins as well as shale gas plays. Types of source rocks Source rocks are classified from the types of kerogen that they contain, which in turn governs the type of hydrocarbons that will be generated: * Type I source rocks are formed from algal remains deposited under anoxic conditions in deep lakes: they tend to generate waxy crude oils when submitted to thermal stress during deep burial. * Type ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Tioga, North Dakota
Tioga ( ) is a city in Williams County, North Dakota, United States. The population was 2,202 at the 2020 census. Tioga was founded in 1902 and named by settlers from Tioga, New York. The population of the city increased dramatically in the 1950s following the discovery of oil nearby in the Williston Basin. Geography Tioga is located at (48.396414, −102.937634). According to the U.S. Census Bureau, the city has a total area of , of which is land and is water. Demographics 2010 census As of the census of 2010, there were 1,230 people, 542 households, and 323 families living in the city. The population density was . There were 619 housing units at an average density of . The racial makeup of the city was 96.9% White, 0.1% African American, 0.5% Native American, 0.6% Asian, 0.1% Pacific Islander, 0.2% from other races, and 1.7% from two or more races. Hispanic or Latino of any race were 0.7% of the population. There were 542 households, of which 24.7% had children under ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Geologist
A geologist is a scientist who studies the solid, liquid, and gaseous matter that constitutes Earth and other terrestrial planets, as well as the processes that shape them. Geologists usually study geology, earth science, or geophysics, although backgrounds in physics, chemistry, biology, and other sciences are also useful. Field research (field work) is an important component of geology, although many subdisciplines incorporate laboratory and digitalized work. Geologists can be classified in a larger group of scientists, called geoscientists. Geologists work in the energy and mining sectors searching for natural resources such as petroleum, natural gas, precious and base metals. They are also in the forefront of preventing and mitigating damage from natural hazards and disasters such as earthquakes, volcanoes, tsunamis and landslides. Their studies are used to warn the general public of the occurrence of these events. Geologists are also important contributors to climate ch ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Manitoba
Manitoba ( ) is a Provinces and territories of Canada, province of Canada at the Centre of Canada, longitudinal centre of the country. It is Canada's Population of Canada by province and territory, fifth-most populous province, with a population of 1,342,153 as of 2021, of widely varied landscape, from arctic tundra and the Hudson Bay coastline in the Northern Region, Manitoba, north to dense Boreal forest of Canada, boreal forest, large freshwater List of lakes of Manitoba, lakes, and prairie grassland in the central and Southern Manitoba, southern regions. Indigenous peoples in Canada, Indigenous peoples have inhabited what is now Manitoba for thousands of years. In the early 17th century, British and French North American fur trade, fur traders began arriving in the area and establishing settlements. The Kingdom of England secured control of the region in 1673 and created a territory named Rupert's Land, which was placed under the administration of the Hudson's Bay Company. Rupe ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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North Dakota
North Dakota () is a U.S. state in the Upper Midwest, named after the Native Americans in the United States, indigenous Dakota people, Dakota Sioux. North Dakota is bordered by the Canadian provinces of Saskatchewan and Manitoba to the north and by the U.S. states of Minnesota to the east, South Dakota to the south, and Montana to the west. It is believed to host the geographic center of North America, Rugby, North Dakota, Rugby, and is home to the tallest man-made structure in the Western Hemisphere, the KVLY-TV mast. North Dakota is the List of U.S. states and territories by area, 19th largest state, but with a population of less than 780,000 2020 United States census, as of 2020, it is the List of U.S. states and territories by population, 4th least populous and List of U.S. states by population density, 4th most sparsely populated. The capital is Bismarck, North Dakota, Bismarck while the largest city is Fargo, North Dakota, Fargo, which accounts for nearly a fifth of the s ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |