Post Tagged with: "bakken"

EIA Drilling Productivity Report – April 2020

EIA Drilling Productivity Report – April 2020

EIA’s Drilling Productivity Report (DPR) for April has now been released. The DPR takes a fresh look at oil and natural gas production, starting with an assessment of how and where drilling for hydrocarbons is taking place. It uses recent

As the World Watches the Permian, Enverus Brings the Rockies & Bakken In Focus

As the World Watches the Permian, Enverus Brings the Rockies & Bakken In Focus

Oil & Gas 360 Feed Wire

Austin, TX (February 19, 2020) – Enverus, the leading oil & gas SaaS and data analytics company, has released its latest FundamentalEdge report focused on oil, gas, and natural gas liquids production, pipelines and …

February 19, 2020 - 1:05 pm 360 Company Releases, Crude Oil News, Press Releases
President and CEO of Panhandle Oil and Gas Resigns

President and CEO of Panhandle Oil and Gas Resigns

By Tyler Losier, Energy Reporter, Oil & Gas 360

Paul F. Blanchard Jr. steps down as president, CEO and director of Panhandle Oil and Gas
Panhandle Oil and Gas (stock ticker: PHX), a mineral and leasehold acreage-focused capital allocator, has

Source: Comstock Resources

Ronald Mills Appointed VP of Finance and Investor Relations at Comstock Resources

By Tyler Losier, Energy Reporter, Oil & Gas 360

Comstock Resources appoints Johnson & Rice alum Ronald Mills as its new VP of finance and investor relations
Comstock Resources Inc. (stock ticker: CRK), an independent E&P based out of Frisco,

Source: Pembina Pipeline Corporation

Pembina to Acquire Kinder Morgan Canada and Cochin Pipeline for CAD $4.35 Billion

By Tyler Losier, Energy Reporter, Oil & Gas 360

Pembina Pipeline Corporation will purchase Kinder Morgan Canada and U.S. portion of Cochin Pipeline for CAD $4.35 billion
Pembina Pipeline Corporation (stock ticker: PBA), a midstream service provider based out of

Source: Crestwood Equity Partners

Crestwood Bolsters its Midstream Assets in the Bakken

By Tyler Losier, Energy Reporter, Oil & Gas 360

Commercial operations begin at the Bear Den II processing plant
Crestwood Equity Partners LP (stock ticker: CEQP), a Houston-based master limited partnership, has begun commercial operations at its Bear Den II

Source: QEP Resources

Anvil Capital Partners Provides Funding for Two Companies

By Tyler Losier, Energy Reporter, Oil & Gas 360

Vermilion Cliffs Partners gets $11 million senior secured loan facility
On Monday, Anvil Capital Partners, a private credit special situations lending firm, announced the final close of an $11 million senior

U.S. Shale Oil Output to Rise to Record 8.77 Million bpd in Sept – EIA

U.S. Shale Oil Output to Rise to Record 8.77 Million bpd in Sept – EIA

From Reuters


U.S. oil output from seven major shale formations is expected to rise by 85,000 barrels per day (bpd) in September, to a record 8.77 million bpd, the U.S. Energy Information Administration forecast in its monthly drilling productivity report …

Source: Summit Midstream Partners LP

Summit Midstream Appoints New President and CEO

By Tyler Losier, Energy Reporter, Oil & Gas 360

Summit Midstream Partners appoints J. Heath Deneke as president, CEO and board member
Summit Midstream Partners LP (stock ticker: SMLP), a master limited partnership located in The Woodlands, Texas, has appointed

Source: Abraxas Petroleum

Saltstone Capital Pens Scathing Letter to Abraxas Petroleum

By Tyler Losier, Energy Reporter, Oil & Gas 360

Saltstone Capital Management calls for special committee of the board to review strategic alternatives
Billy Bailey, founder and portfolio manager for Saltstone Capital Management LLC, penned a scathing letter to Abraxas

Source: QEP Resources

QEP and Elliot Management Enter into Cooperation Agreement

By Tyler Losier, Energy Reporter, Oil & Gas 360

QEP Resources and Elliot Management will work together to appoint two new independent directors
QEP Resources, Inc. (stock ticker: QEP), a Denver-based independent E&P, has entered into a cooperation agreement with

Source: Caliber Midstream

Caliber Midstream Makes North Dakota Acquisition

By Tyler Losier, Energy Reporter, Oil & Gas 360

Caliber Midstream acquires North Dakota assets from American Midstream Partners
Caliber Midstream Holdings L.P., headquartered in Denver, Colorado, has acquired crude oil gathering and transportation assets in McKenzie county, North Dakota

Alliance Resource Partners Completes Acquisition of Permian Mineral Interests

Alliance Resource Partners Completes Acquisition of Permian Mineral Interests

By Tyler Losier, Energy Reporter, Oil & Gas 360

Alliance Resource Partners Acquires $145 million worth of Permian mineral interests from Wing Resources
Alliance Resource Partners L.P. (stock ticker: ARLP), a diversified natural resource company based in Tulsa, Oklahoma, has

Northern Oil and Gas Founder to Depart

Northern Oil and Gas Founder to Depart

By Tyler Losier, Energy Reporter, Oil & Gas 360

Michael Reger, Northern Oil and Gas president and founder, will leave the company amicably
Northern Oil & Gas (stock ticker: NOG), a non-operating E&P, has announced that Michael Reger, its president,

Source: Lagoon Water Solutions

Continental Resources Divests STACK Water Handling Facility

By Tyler Losier, Energy Reporter, Oil & Gas 360

Continental Resources sells STACK water handling facility to Lagoon Water Solutions for $85 million
Continental Resources (stock ticker: CLR), an Oklahoma City-based independent E&P, is selling its eastern STACK water gathering

Whiting Petroleum Names New CFO

Whiting Petroleum Names New CFO

By Tyler Losier, Energy Reporter, Oil & Gas 360

Michael J. Stevens steps down as CFO, Correne S. Loeffler selected as replacement
Whiting Petroleum Corporation (stock ticker: WLL), a Denver-based independent E&P with an oil-focused asset base, has named Correne

Conference Spotlight: Williston Basin Presenters

Conference Spotlight: Williston Basin Presenters

By Tyler Losier, Energy Reporter, Oil & Gas 360


The Oil and Gas Conference’s Williston Basin presenters cumulatively produce 633,800 BOEPD

From August 11-14, Oil & Gas 360’s parent company – EnerCom – will host its 24th annual The …

Dakota Access Pipeline Capacity Could Double, Move 1.1 Million Barrels Per Day, without Installing New Pipe

Dakota Access Pipeline Capacity Could Double, Move 1.1 Million Barrels Per Day, without Installing New Pipe

Move all of North Dakota’s daily production through DAPL

From the Bismarck Tribune/Jamestown Sun

BISMARCK — The operator of the Dakota Access Pipeline is planning to nearly double its capacity, to a point where it could transport nearly all of …

Source: Meridian Energy

New President Joins Meridian Energy

By Tyler Losier, Energy Reporter, Oil & Gas 360

Paul Coppola to serve as president and chief investment strategy officer
Meridian Energy Group, Inc., a company specializing in the development of environmentally-conscious crude oil refineries, has added a new member

Equals to Merge

Equals to Merge

By Tyler Losier, Energy Reporter, Oil & Gas 360

Oilfield service consolidation rolls on
C&J Energy Services (stock ticker: CJ) and Keane Group, Inc. (stock ticker: FRAC) have entered into a definitive agreement to combine in an all-stock merger of

More Takeaway on the Way: $4.1 Billion in Pipelines will Deliver Permian, Bakken Oil Production to the Gulf

More Takeaway on the Way: $4.1 Billion in Pipelines will Deliver Permian, Bakken Oil Production to the Gulf

Liberty Pipeline LLC
On Monday, Phillips 66 (stock ticker: PSX) and Bridger Pipeline LLC announced the formation of a 50/50 joint venture, Liberty Pipeline LLC, in order to build a 24-inch crude oil pipeline running from the Rocky Mountain and

Source: Apollo Portfolio Management

Apollo Portfolio Company Announces Bakken Acquisition

Resource Energy LLC Announces Acquisition in the Bakken Play

Williston Basin - IPAA

KKR and Western Natural Resources Team Up in the Williston

By Tyler Losier
Partnership seeks to acquire assets
Investment firm KKR (stock ticker: KKR) is partnering with Western Natural Resources, with the intention of acquiring and producing undeveloped assets in the Williston Basin. This move is closely aligned with KKR’s

Bakken Sale Nets $1.6 Billion Cash

Bakken Sale Nets $1.6 Billion Cash

Targa Resources Corp. Sells 45 Percent Interest in Bakken Assets for $1.6 Billion

Plan to Refine Permian Oil at Home: Meridian Shoots to Build Second Refinery

Plan to Refine Permian Oil at Home: Meridian Shoots to Build Second Refinery

Almost half of all U.S. crude oil production from onshore basins comes from the Permian Basin according to the EIA. We're talking about a massive amount of daily oil production--3.8 million barrels per day.

And now a home-based Permian refinery

February 12, 2019 - 7:43 pm Closing Bell Story‎, Downstream, Oil and Gas 360 Articles
Middle Bakken Core Extension 4-Well Pad Tests at 2,400 BOEPD

Middle Bakken Core Extension 4-Well Pad Tests at 2,400 BOEPD

Marathon Oil Corporation (stock ticker: MRO) reported that its four-well Middle Bakken pad at the Ajax area of Dunn County, North Dakota achieved an estimated average 30-day initial production (IP) rate of over 2,400 barrels of oil equivalent per day

Hess Says $2.1 Billion of E&P Capital Going to Bakken and Guyana in 2019

Hess Says $2.1 Billion of E&P Capital Going to Bakken and Guyana in 2019

Hess Announces 2019 E&P Capital and Exploratory Budget

December 10, 2018 - 10:30 am Closing Bell Story‎, Press Releases
Oil and Gas Production Hit New Highs in the Bakken

Oil and Gas Production Hit New Highs in the Bakken

Bakken production in North Dakota sets records

From KTVQ-Q2

BISMARCK, N.D.- September was a record-setting month in the Bakken oil fields of North Dakota.

In the monthly report from North Dakota’s Mineral Resources Department, new all-time records were set in …

November 20, 2018 - 1:44 pm Closing Bell Story‎, Exploration and Production (E&P)
Source: QEP Resources

QEP Moves towards Pure-Play Midland

Denver-based QEP Resources Inc. (stock ticker: QEP) reported its Q3 Results Wednesday.
Pure-play is right move for QEP’s size
QEP is well on the course to being a pure-play Permian company, with the sale of its Bakken assets announced earlier

Even with 955 DUCs Awaiting Completion, North Dakota has Record Month

Even with 955 DUCs Awaiting Completion, North Dakota has Record Month

Permian and Anadarko Basins are competition for capital and workforce

The North Dakota Industrial Commission’s Department of Mineral Resources has released its production report for the month of May and the NDIC reports new all-time highs.

  • Oil production: 1,244,629
July 13, 2018 - 5:07 pm Closing Bell Story‎, Oil and Gas 360 Articles