Post Tagged with: "Williston Basin"

WPX Energy Tacks on Acreage in the San Juan Basin

WPX Energy Tacks on Acreage in the San Juan Basin

WPX Energy (ticker: WPX) added 14,300 net acres to its San Juan Basin asset on June 22, 2015, increasing its overall position in the region to 100,000 net acres. WPX believes it holds 500 gross drilling locations across the Gallup …

Crude by Rail Growing Exponentially

Crude by Rail Growing Exponentially

The EIA’s latest tool for tracking crude shipments by rail shows massive increases in the past five years

The Energy Information Administration (EIA) announced that it will begin providing monthly data on rail movements of crude oil. The EIA …

April 1, 2015 - 1:03 pm Midstream, Oil and Gas 360 Articles
Whiting Petroleum – Done Funded, Drilling Ahead

Whiting Petroleum – Done Funded, Drilling Ahead

Whiting Petroleum (ticker: WLL), the largest E&P producer in the Williston Basin, shored up its balance sheet this week with a series of debt and equity raises. The deals include:

Will the Drilling Slowdown Allow Williston Infrastructure to Catch Up?

Will the Drilling Slowdown Allow Williston Infrastructure to Catch Up?

North Dakota has been the poster child of the United States shale boom, boasting skyrocketing production, high economic growth rates and miniscule unemployment numbers. The discovery and exploitation of the Williston Basin has increased crude output in the state by …

Real Estate Developers Accelerate Projects in the Bakken Oil Field

Real Estate Developers Accelerate Projects in the Bakken Oil Field

“The oil supply is here and the demand will always be there.” – Jason Vedadi

Dropping oil prices may have put the brakes on a lot of E&Ps’ capital spending plans for 2015, but that’s not slowing down Jason Vedadi …

Emerald Oil “Well Positioned” to Withstand Current Oil Price Environment

Emerald Oil “Well Positioned” to Withstand Current Oil Price Environment

EOX Says Breakeven Price in the Bakken is $55/BOE

Emerald Oil is a pure play Williston Basin E&P with operations targeting the Bakken, Pronghorn and Three Forks shale oil formations. The company averaged production of 3,855 BOEPD in its Q3’14 …

North Dakota is Proposed Site for a $4 Billion Polyethylene Plant

North Dakota is Proposed Site for a $4 Billion Polyethylene Plant

Plant will use Ethane from Natural Gas to Make Consumer and Industrial Plastics

The cutback on flaring the Bakken’s natural gas took another positive step yesterday. A planned plastics manufacturing facility, announced at a press conference in Bismarck, will produce …

October 14, 2014 - 6:37 pm Canada, Oil and Gas 360 Articles
American Eagle Energy: Developing a Sweet Spot in Divide County, ND

American Eagle Energy: Developing a Sweet Spot in Divide County, ND

Bakken/Three Forks Producer Exceeds Production Guidance for Q3 by 40%

American Eagle Energy (ticker: AMZG) found a way to navigate around some backwash from last spring/early summer’s closed county roads in Divide County, North Dakota. At that time the company …

October 6, 2014 - 7:03 pm Midstream, Oil and Gas 360 Articles
ONEOK Partners Doing its Part to Keep Up with Bakken Midstream Needs; Nearly Doubled Williston Pipeline Network Since 2012

ONEOK Partners Doing its Part to Keep Up with Bakken Midstream Needs; Nearly Doubled Williston Pipeline Network Since 2012

ONEOK has laid enough pipe to go from Dallas to NYC five times and it’s not nearly enough.

The current state of the United States oil and gas industry is indicative of a foot race between two Olympic athletes. In …

September 23, 2014 - 6:13 pm Midstream, MLPs, Oil and Gas 360 Articles
A rig site in North Dakota

Another Record for North Dakota: 1.1 Million Barrels of Crude per Day

Flaring decreases to 26%

The State of North Dakota has chalked up another record. July production numbers are in—the state produced 1,110,642 barrels of oil per day in July. The numbers broke down as follows:

  • Bakken/Three Forks Shale:  1,047,034 BOPD
September 12, 2014 - 6:33 pm Fracing, Oil and Gas 360 Articles, Oilfield Services, Regulatory
Whiting Petroleum's Production is Growing, Even without Pending Assets from Kodiak Oil & Gas

Whiting Petroleum's Production is Growing, Even without Pending Assets from Kodiak Oil & Gas

Whiting Petroleum (ticker: WLL) is set to become the largest E&P in the Williston Formation once its $6 billion acquisition of Kodiak Oil & Gas (ticker: KOG) is finalized before the end of fiscal 2014. Management teams on both sides …

August 1, 2014 - 5:39 pm Finance, Oil and Gas 360 Articles, Oilfield Services
Bakken Update: The Top Five Producers in One of America’s Greatest Oil Fields

Bakken Update: The Top Five Producers in One of America’s Greatest Oil Fields

The Bakken Shale, the third largest regional oil producer in the United States, achieved the 1 MMBOPD milestone in June 2014. The announcement came just months after IHS announced the field had produced a total of 1 billion barrels …

July 15, 2014 - 5:37 pm Midstream, Oil and Gas 360 Articles
An E&P Powerhouse Takes Command of the Bakken

An E&P Powerhouse Takes Command of the Bakken

Whiting Petroleum (ticker: WLL) has announced the acquisition of Kodiak Oil & Gas (ticker: KOG), making the company the largest producer in the prolific Bakken/Three Forks area in the Williston Basin.

COMBINED COMPANY

  • 107,000 BOEPD (Q1 2014) Production
  • 370
July 14, 2014 - 4:54 pm Earnings, Finance, Oil and Gas 360 Articles
$500 Million Retail/Entertainment/Residential Complex Aims to Please Families Flocking to the Bakken

$500 Million Retail/Entertainment/Residential Complex Aims to Please Families Flocking to the Bakken

Swiss real estate developer Stropiq has locked up 430,000 sq. ft. of anchor tenants for its planned 1 million-square-foot, 200+ acre, mixed use complex in the heart of North Dakota’s Bakken oil country. The development, called Williston Crossing, is scheduled …

July 10, 2014 - 12:34 pm Oil and Gas 360 Articles
Samson Oil & Gas CEO Terry Barr Discusses Ongoing North Stockyard Project, DJ Basin Exploratory Well

Samson Oil & Gas CEO Terry Barr Discusses Ongoing North Stockyard Project, DJ Basin Exploratory Well

Samson Oil & Gas Limited (ticker: SSN) is an independent oil and gas company with dual listings on the Australian ASX and the NYSE. All of the company’s assets and operations are based in the United States, with a current …

WPX Energy – New CEO's Day One Letter to Employees

Richard E. (Rick) Muncrief officially took the helm on May 15, 2014, as chief executive officer at WPX Energy (NYSE:WPX), one of the nation’s largest independent energy producers.

WPX has 16 drilling rigs deployed in the Piceance, Williston and San …

May 15, 2014 - 11:50 am Finance, Midstream, Oil and Gas 360 Articles
Oasis Petroleum Increasing Williston Rates; New Completion Thinking Increases Production 25% in Key Operating Areas

Oasis Petroleum Increasing Williston Rates; New Completion Thinking Increases Production 25% in Key Operating Areas

Oasis Petroleum Inc. (ticker: OAS) is an independent exploration and production company focused on the acquisition and development of unconventional oil and natural gas resources, primarily operating in the Williston Basin as a pure play Bakken E&P. The company holds …

Emerald Oil Boosts EURs Again; Expects 100% of Acreage to be Held by Production by Year-End 2014

Emerald Oil Boosts EURs Again; Expects 100% of Acreage to be Held by Production by Year-End 2014

Emerald Oil (ticker: EOX) is an independent exploration and production operator that is dedicated to acquiring acreage and developing wells in the Williston Basin of North Dakota and Montana, targeting the Bakken and Three Forks shale oil formations. The company …

May 12, 2014 - 4:42 pm Earnings, Finance, Oil and Gas 360 Articles
Whiting Petroleum Increasing Downspacing Program in the Redtail; Coiled Tubing Boosting IP Rates

Whiting Petroleum Increasing Downspacing Program in the Redtail; Coiled Tubing Boosting IP Rates

Whiting Petroleum Corporation (ticker: WLL) is an independent oil and gas company that explores for, develops, acquires and produces crude oil, natural gas and natural gas liquids primarily in Williston Basin and Permian Basin regions of the United States. The …

Magellan Petroleum’s CO2 Injection Project in the Williston is Underway; Results Expected by Q4’14

Magellan Petroleum’s CO2 Injection Project in the Williston is Underway; Results Expected by Q4’14

Magellan Petroleum Corporation (ticker: MPET) is an independent oil and gas exploration and production company with assets in the US, Australia, and the UK.  The Company is primarily focused on the development of a CO2-enhanced oil recovery (CO…

Williston-Focused Emerald Oil Rapidly Growing Production; Focused on Cost Efficiencies

Williston-Focused Emerald Oil Rapidly Growing Production; Focused on Cost Efficiencies

Emerald Oil (ticker: EOX) is an independent exploration and production operator that is dedicated to acquiring acreage and developing wells in the Williston Basin of North Dakota and Montana, targeting the Bakken and Three Forks shale oil formations. The company …

American Eagle Energy Increases Quarterly Production by 38%; Working Interest Continues to Rise

American Eagle Energy Increases Quarterly Production by 38%; Working Interest Continues to Rise

American Eagle Energy Corporation (ticker: AMZG) is a Williston Basin focused E&P company engaged in the exploration and production of petroleum and natural gas in North America. The company operated under the name Eternal Energy Corp. until December 2011 when …

March 5, 2014 - 4:57 pm Mergers & Acquisitions, Oil and Gas 360 Articles
Whiting Petroleum Sets Company Record for Production; Aims to Maintain Double-Digit Production Growth for Foreseeable Future

Whiting Petroleum Sets Company Record for Production; Aims to Maintain Double-Digit Production Growth for Foreseeable Future

Whiting Petroleum Corporation (ticker: WLL) is an independent oil and gas company that explores for, develops, acquires and produces crude oil, natural gas and natural gas liquids primarily in Williston Basin and Permian Basin regions of the United States. The …

QEP Resources Aims to Intrigue Shareholders through Divestures, Stock Buyback and Separation from Midstream Companies

QEP Resources Aims to Intrigue Shareholders through Divestures, Stock Buyback and Separation from Midstream Companies

QEP Resources, Inc. (NYSE:QEP) is a leading independent natural gas and crude oil exploration and production company focused in two major regions: the Northern Region (primarily the Rockies and the Williston Basin) and the Southern Region (primarily Oklahoma, the Texas …

February 3, 2014 - 3:57 pm Mergers & Acquisitions, Midstream, Oil and Gas 360 Articles
Emerald Oil Beats Guidance Rates, Adds Acreage to Core Williston Assets

Emerald Oil Beats Guidance Rates, Adds Acreage to Core Williston Assets

Emerald Oil (ticker: EOX) is an independent exploration and production operator that is focused on acquiring acreage and developing wells in the Williston Basin of North Dakota and Montana, targeting the Bakken and Three Forks shale oil formations.

Emerald Oil …

January 24, 2014 - 6:03 pm Oil and Gas 360 Articles
Oasis Petroleum Issues Public Offering, Prepared to Commence Drilling Program

Oasis Petroleum Issues Public Offering, Prepared to Commence Drilling Program

Oasis Petroleum Inc. (ticker: OAS) is an independent exploration and production company focused on the acquisition and development of unconventional oil and natural gas resources, primarily operating in the Williston Basin.

Oasis Petroleum Inc. announced on December 4, 2013, the …

December 12, 2013 - 4:00 pm Oil and Gas 360 Articles
QEP Acquires Permian Basin Assets for $950MM; Adds 264 Drilling Locations on 26,519 Net Acres

QEP Acquires Permian Basin Assets for $950MM; Adds 264 Drilling Locations on 26,519 Net Acres

QEP Resources, Inc. (NYSE:QEP) is a leading independent natural gas and crude oil exploration and production company focused in two major regions: the Northern Region (primarily the Rockies and the Williston Basin) and the Southern Region (primarily Oklahoma, the Texas …

December 10, 2013 - 5:22 pm Mergers & Acquisitions, Midstream, Oil and Gas 360 Articles
Magellan Petroleum’s CO2 Injection Program Highlights Operations in the Williston Basin

Magellan Petroleum’s CO2 Injection Program Highlights Operations in the Williston Basin

Magellan Petroleum Corporation(ticker: MPET) is an independent oil and gas exploration and production company with assets in the US, Australia, and the UK.  The Company is primarily focused on the development of a CO2-enhanced oil recovery (CO2

December 10, 2013 - 4:33 pm Mergers & Acquisitions, Midstream, MLPs, Oil and Gas 360 Articles

American Eagle Energy Reports Q3’13 Results; Producing at Record Levels

American Eagle Energy Corporation (ticker: AMZG) is a Williston Basin focused E&P company engaged in the exploration and production of petroleum and natural gas in North America. The company operated under the name Eternal Energy Corp. until December 2011 when …

November 15, 2013 - 2:00 pm Oil and Gas 360 Articles

Emerald Oil Reports Q3’13 Results; Clear Path to Double Production during 2014

Emerald Oil (ticker: EOX) is an independent exploration and production operator that is focused on acquiring acreage and developing wells in the Williston Basin of North Dakota and Montana, targeting the Bakken and Three Forks shale oil formations.

Recent Earnings

November 7, 2013 - 4:41 pm Fracing, Oil and Gas 360 Articles