12 November 2012

USA / OIL: OPINION: Bakken Field Has Potential To Rival Ghawar...As Super Field.


     This is strictly for the other barrelheads out there...readers fascinated by oil and energy.
     Reuters columnist John Kemp projects the USA's Bakken field...as a giant one million bbls...and MORE...producer...perhaps even challenging Saudi's mammoth Ghawar oilfield.
     Ghawar currently produces 5 million bbls.
     Is Kemp figuratively smoking some of Mujica's legal pot?
     He notes that Bakken's output...currently 631,000 bbls...has been growing at 65% per year since 2009.