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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

Getting a handle on power supply and demand in real time helps address the variable nature of wind and solar power, he said. Better balancing electricity supply from wind or solar energy with demand means that utilities do not need to build "stand-by" power plants that can delivery electricity reliably, Schurr said. "If Look at the T.

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