EIA estimates California Monterey to have four times the technically recoverable oil of the North Dakota Bakken oil field
EIA US Review of Emerging Resources: US Shale Gas and Shale Oil Plays, July 2011 (105 pages) The Monterey/Santos oil field in California is estimated to four times the technically recoverable oil as the Bakken Oil Field in North Dakota. The Monterey field is also estimated to have 500 billion barrels of oil in place …