Tycoon Says North Dakota Oil Field Will Yield 24 Billion Barrels, Among World’s Biggest - Christopher Helman - Fuel - Forbes
Tycoon Says North Dakota Oil Field Will Yield 24 Billion Barrels, Among World’s Biggest
Thatʼs nothing, says Hamm. He’s convinced that the recoverable bounty is more like 24 billion barrels (20 billion of crude, plus the equivalent of 4 billion barrels in natural gas and other liquids). If true, this is oil on an outlandish scale–enough to double America’s proven reserves; nearly as much as ExxonMobil’s 28 billion in reserves; enough oil to supply the entirety of U.S. demand (roughly 20 million barrels per day) for three years. It would rank high up on the world’s biggest oilfields.