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How much oil have they found in North Dakota? FACTS from the experts!
- There is TWICE as much oil than Prudhoe Bay Alaska 24 BILLION barrels estimated in ND
- That in 10 years with government cooperation we could be the #1 oil producing country in the world
- That with the currently 200 drill rigs in ND it will take 25 years to drill the wells needed to get all the oil up
- That there will be the need for pipe lines and refineries at a rapid pace to handle the demand
- That many wells are producing up to 10 times more flow production than originally estimated
- That it takes over a million gallons of water to frac a well
- That along with oil dirty water or production water also comes up and need trucking
- That we drilled 37,000 wells in the USA 2010 now 68,000 in 2011 up 40% and # of wells fracking up 75% 2011 to 2012
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