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Falling in line with Canadian officials, several U.S. Democrats are now urging U.S. President Barack Obama to make a final decision on TransCanada’s Keystone XL oil pipeline.
The Bakken shale and underlying Three Forks formation are part of the larger Williston Basin which encompasses Saskatchewan, Manitoba, North Dakota, Montana, and South Dakota. Bakken producing zones are mainly present in Western North Dakota, Southern Saskatchewan, and Eastern Montana.
The Bakken shale is one of the largest (possibly the largest) continuous oil accumulations in the world. It is an over pressured system which is in part responsible for high IP…