Bakken

Bakken Exclusives

oil tax, Obama, price, commodity, climate change, Republican, Congress, election

President Barack Obama is proposing to pay for clean energy investments by placing a $10 per barrel oil fee as the industry grapples with low prices. Congressional leaders said the plan is dead on arrival.

A&D, Devon, Encana, RBC, Craig Lande, 2016, oil, gas

Craig Lande, managing director at RBC Richardson Barr, says A&D will be different in 2016: capital markets are tightening, 20% of production is hedged and demand is hopelessly outmatched by supply.

OFS, M&A, Trican, Keane Group, oilfield services, Bakken, Eagle Ford, Permian

Keane said it will purchase the U.S. assets of Trican Well Service, Canada’s largest pressure pumper, and expand its presence in the Midcontinent, Permian, Bakken and Utica/Marcellus shale plays.

Heard In The Field

851

Price War Underway For Services

Workover/Well Service
836

Region Needs $60 Oil Before Activity Recovers

Well Stimulation/Pressure Pumping

Bakken Gross Acreage

Company Net Acreage
Crescent Point Energy 1,000,000
DeeThree Exploration 200,000
ARC Resources 179,200
LGX Oil + Gas 167,838
All Top Acreage Holders
Company Net Acreage
Continental Resources 1,170,000
Whiting Petroleum 811,737
ConocoPhillips 626,000
Hess Corp. 613,000
All Top Acreage Holders