Bakken

Bakken Exclusives

E&P, oil, gas, capex, debt, outspend, dcf, WTI forecast

Investors are concerned that producers will be unable to keep savings they say are tied to efficiency improvements as service companies begin to assert themselves after two years of discounts.

exploration, production, oil, gas, slash, capex, budgets, Cowen Co, spending survey, analysis, North America, Marc Bianchi, Charles Robertson, onshore, offshore, West Texas Intermediate

E&Ps have nearly doubled spending reductions, from 22% in January for U.S. spending to 43% at midyear.

Wood Mackenzie, tight oil, price, bbl, breakeven, deepwater, oil

Of the 13 MMbbl/d of new supply that could come from tight oil and conventional projects by 2025, 9 MMbbl/d is commercial at $60 oil, according to an energy consulting firm.

Bakken Gross Acreage

CompanyNet Acreage
Crescent Point Energy1,000,000
DeeThree Exploration200,000
ARC Resources179,200
LGX Oil + Gas167,838
All Top Acreage Holders
CompanyNet Acreage
Continental Resources1,074,000
Whiting Petroleum667,668
ConocoPhillips620,000
Hess Corp.609,000
All Top Acreage Holders