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WASHINGTON  Energy companies are lining up for their shot to drill 
in the Dakotas and Montana after a new government report revealed that 
a massive geological formation stretching across the states contains twice 
the oil and three times the amount of natural gas than was 
originally believed.While the new estimate is drawing smaller companies 
to the game, the larger players like Schlumberger, Halliburton and Continental 
Resources are pushing forward with ambitious multi-year plans to stake their 
claim in the industry.Continental recently announced a five-year plan to 
triple its production by 2017. The companys growth is based on success 
in North Dakota and Montana as well as in parts of Oklahoma.The 
dash to drill follows news from the government on how much more 
oil and natural gas there is to tap.These world-class formations contain 
even more energy resource potential than previously understood, which is 
important information as we continue to reduce our nations dependence on 
foreign sources of oil, newly confirmed Interior Secretary Sally Jewell 
said Tuesday in a statement.The new U.S. Geological Survey estimates there 
are 7.4 billion barrels of oil, 6.7 trillion cubic feet of natural 
gas and 0.53 billion barrels of natural gas liquids in the Bakken 
and Three Forks Formations in the Williston Basin Province of Montana, North 
Dakota and South Dakota. Since 2008, close to 450 million barrels of 
oil have been produced in the area and if t
acecraft ultimately missed each other by 6 miles when they passed 
one another on April 3, 2012."The maneuver, which was performed by the 
spacecraft itself based on procedures we developed a long time ago, was 
very simple, just firing all thrusters for one second," Stoneking said. 
"There was a lot of suspense and tension leading up to it, 
but once it was over, we just sighed with relief that it 
all went well.""A huge weight was lifted," McEnery said. "I felt like 
I'd lost 20 pounds."Space junk has been a growing threat to satellites 
and manned spacecraft in orbit, and collisions do occur from time to 
time. Last month, the European Space Agency held its sixth conference dedicated 
to combating the space junk threat in Darmstadt, Germany.In February 2009, 
another dead Russian satellite slammed into the U.S. communications satellite 
Iridium 33 in a space collision that spawned vast clouds of debris, 
one along each craft's orbit. In 2007, China intentionally destroyed a defunct 
weather satellite in an anti-satellite test.NASA tracks 17,000 objects larger 
than 4 inches across in orbit above the Earth every day. Only 
7 percent of the objects tracked are currently active satellites.The Fermi 
telescope  launched in 2008  searches the sky for signs of 
dark matter, black holes and spinning pulsars by seeking out sources of 
gamma-ray bursts, the brightest flashes of light in the universe since the 
Big Bang.Copyright 2013 SPACE.com, a TechMediaNetwor



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