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NDPC study finds Bakken crude similar to other light sweet crudes, no greater rail transport risk

Green Car Congress

Bakken crude is similar to other North American light, sweet crudes and does not pose a greater risk to transport by rail than other transportation fuels, according to a study recently completed by Turner, Mason & Company for the North Dakota Petroleum Council (NDPC). The data indicated no significant changes in transit.

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Marathon acquires additional Eagle Ford Shale assets for $3.5B

Green Car Congress

Marathon Oil Corporation has reached a definitive agreement with Hilcorp Resources Holdings, LP to purchase its assets in the core of the Eagle Ford shale formation in Texas in a transaction valued at $3.5 The legal advisor to Marathon for this transaction is Baker Botts and the financial advisor is Barclays Capital.

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Norways Statoil to acquire Brigham Exploration for US$4.4B cash; entry into the US Bakken and Three Forks tight oil plays

Green Car Congress

The Bakken is a prime US unconventional oil play, and is believed to be one of the largest, if not the largest, oil accumulation in the US. The tight oil is extracted in the same way as shale gas, through horizontal wells and hydraulic fracturing. In the Bakken formation, the oil is extracted from tight carbonate.

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Smart-grid project matches wind to electric cars | Green Tech - CNET News

Tony Karrer Delicious EVdriven

We need to utilize everything in out power to reduce our dependence on foreign oil including using our own natural resources. Create cheap clean energy, new badly needed green jobs, and reduce our dependence on foreign oil. Where did you pull up that "wind potential of North Dakota" BS from? Look at the T. Video Web 2.0

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