Law360, New York (August 08, 2012, 1:22 PM ET) -- In the past several years, sparsely populated western North Dakota has experienced an unprecedented explosion in the development and production of oil and natural gas.
While minor North Dakota oil booms came and went throughout the last century, relatively recent technological advancements — including the combination of hydraulic fracturing and horizontal drilling — have resulted in cost-effective access to vast oil deposits in the so-called Bakken formation.
These advancements, in addition to the national focus on establishing energy independence and other factors, have created nothing short...
Bakken Boom: A North Dakota Mineral Rights Primer
To view the full article, take a free trial now.
