Bakken Exclusives

WPX Exits San Juan Basin In $700 Million Gallup Sale

WPX Energy accelerates its deleveraging efforts through the San Juan sale and will now operate in two cores: the Delaware and Williston basins.

PwC, Wood Mackenzie, M&A analysis, Carrizo, Elk Petroleum, Verdad Oil, Kalnin, shale transactions

With more than 40% of deal activity and value in first-quarter 2017, companies turned from transactions to righting their balance sheets for much of the year.

US Shale: Going Long On Laterals

Longer laterals promise efficiencies that will keep the U.S. shale industry competitive in an extended lower-for-longer commodity price environment.

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
Hess Corp.609,000
All Top Acreage Holders