Bakken Exclusives

US, shale, gas, production, decline, fall, September, EIA, Marcellus, Utica, rigs, legacy, wells

Of the major shale plays, the Utica is expected to show gas production increases in June, July and August, the EIA said. Though by September, production in the play will also start to slip.

Bakken, shale, pressure pumping, well stimulation, oil services, Hart Energy, survey

Though a majority of Hart Energy survey respondents said pressure pumping services has been stable in the Bakken, several noted that operators indicate they will begin postponing well completions.

workover, well service, rigs, Bakken, shale, contractors

Previous reports of stabilization in the Bakken workover market have now given way to declining demand once again. Operators need $60 oil for demand to increase.

Heard In The Field

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