Topic: South Dakota

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USGS assesses undiscovered oil resources in Bakken and Three Forks Formations

The U.S. Geological Survey (USGS) recently completed a geology-based assessment of the oil and gas resources of the Bakken and Three Forks Formations, located in North Dakota, Montana, and South Dakota, finding that these formations together hold an estimated mean of 7.38 billion barrels of oil, 6.7 trillion cubic feet (tcf) of gas, and 0.53 … Continue reading

South Dakota Adds Disclosure Requirements to Hydraulic Fracturing Regulations

On January 17, 2013, South Dakota’s Board of Minerals and Environment (“BME”), a subdivision of the state’s Department of Environment and Natural Resources, adopted amendments to South Dakota’s oil and gas well regulations. The amendments specifically address hydraulic fracturing operations. Under the new rules, operators must submit information to the FracFocus Chemical Disclosure Registry, including, … Continue reading