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BAKKEN SHALE I MOUNTRAIL COUNTY I NORTH DAKOTA

The Bakken Shale, located in North Dakota’s Williston Basin and, was first identified in 1951 with the discovery of oil.  However, it wasn’t until the 2000s that advancements in horizontal drilling and hydraulic fracturing unlocked its vast potential, making it one of the most prolific oil plays in the U.S. to date, the Bakken has produced:

  • +17 billion barrels of oil
  • +20 trillion cubic feet of natural gas

The U.S. Geological Survey estimates recoverable reserves still in the tens of billions of barrels. As a major driver of U.S. energy independence, the Bakken Shale continues to attract investment, fueling economic growth and innovation in the oil and gas sector.

PERMIAN BASIN I REEVES COUNTY I WEST TEXAS

Permian-Basin

The Permian Basin has been one of the most prolific oil and gas-producing regions in the world. Since production began in the 1920s, the Permian has produced:

  • Over 35 billion barrels of oil
  • More than 125 trillion cubic feet of natural gas

With the advancement of horizontal drilling and hydraulic fracturing, production has surged in recent years.

The U.S. Geological Survey estimates that the Permian Basin still holds tens of billions of barrels of recoverable oil and hundreds of trillion cubic feet of natural gas, making it a key driver of U.S. energy output.