The Rising Influence of Rising Affluence

[DewDiligence]

The Bakken and the Eagle Ford are each expected to ultimately produce 4 billion barrels of oil. That would make them the fifth- and sixth-biggest oil fields ever discovered in the United States.

…The fields are attracting billions of dollars of investment from foreign oil giants like Royal Dutch Shell, BP and Norway's Statoil, and also from the smaller U.S. drillers who developed the new techniques like Chesapeake, EOG Resources and Occidental Petroleum.

I’m astonished that the AP article does not mention HES, which is perhaps the premiere Bakken play among publicly-traded companies.