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What is the current estimate of recoverable reserves of oil in North Dakota?

April 26, 2017estimate North Dakota Oil recoverable reserves

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What is the current estimate of recoverable reserves of oil in North Dakota?

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In October, 2010, Continental Resources (CLR)/CEO (Harold Hamm) estimates the basin in North Dakota holds 24 billion barrels of recoverable reserves. That is more than five times the “original” estimate given two years ago (2008) by the US Geological Survey. Lynn Helms, director of ND Dept of Mineral Resources opines that there will be half that amount: 12 billion barrels.