Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
December 8, 2021

Bakken (Kraken Operating, LLC) ND Unconventional Oil Field, US

By Carmen

Bakken (Kraken Operating, LLC) ND is a producing unconventional oil field located onshore the US and is operated by Kraken Operating.

Field participation details

The field is owned by Kraken Operating.


Production from Bakken (Kraken Operating, LLC) ND

The Bakken (Kraken Operating, LLC) ND unconventional oil field recovered 35.74% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 32.95 thousand bpd of crude oil and condensate and 56 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2034.


Remaining recoverable reserves

The field is expected to recover 71.42 Mmboe, comprised of 54.25 Mmbbl of crude oil & condensate and 103.03 bcf of natural gas reserves. Bakken (Kraken Operating, LLC) ND unconventional oil field reserves accounts 0.08% of total remaining reserves of producing unconventional oil fields globally.


Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

Content from our partners
Green investment: What gives Scotland multiple advantages
How the North of Tyne region is leveraging its legacy to define its future
Q&A with Chevron Lubricants’ Paul Sly, global industrial OEM specialist, and Nathan Knotts, global brand technical manager
Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU