North dakota oil reserves bakken
FARGO -- Continental Resources estimates that the Bakken Formation has reserves of 30 billion to 40 billion barrels of recoverable oil, or roughly four to five times more than the government's The Bakken Shale Oil field, which stretches down from Canada into North Dakota and Montana, could hold over 5 billion barrels of oil reserves. This would make the Bakken formation the largest oil discovery in the U.S next to the Oil fields in Alaska. Not long ago, the Bakken play centered in North Dakota was the center of the U.S. shale oil boom. Activity was so hot that McDonald's employees were raking in $20 an hour to feed the burger and fry hungry oil workers. It was the great Bakken that gave North Dakota the fastest growing GDP per capita rate in the country.