Thursday 31 July 2014

Will Bakken rival Ghawar oil field?

  Could oil production from the Bakken formation in North Dakota and Montana rival output from Saudi Arabia's supergiant Ghawar oilfield, the greatest oil-bearing structure the world has ever known?  


Satellite images cloud oil decline theory

Satellite images may scuttle theories that the world's biggest oil field in Saudi Arabia is in decline, Bernstein Research said. A jump in drilling activity in recent years at the giant Ghawar oil field has raised concerns Saudi Arabia is

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