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How much can the Oil Patch give? Geological Survey assesses Bakken, Three Forks in N.D., Montana

Published 04/07/2012, Forum Communications

One question on energy and oil enthusiast minds is how much the Oil Patch is going to produce. The U.S. Geological Survey plans to have a new estimate in the fall of 2013, officials said. “The more we know about the geology, the more robust and accurate the assessment can be,” said Stephanie Gaswirth, USGS task chief of the Williston (N.D.) Basin assessment, adding there has been pressure from the oil industry to do the assessment.

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