Bakken Exclusives

Williston Basin activity has rebounded from the 2014 market crash and production rates are climbing higher.

Oil And Gas Investor Ranks Top 50 E&Ps

From the biggest operators with multinational portfolios to basin-specific smaller producers with motivation to grow. Investor showcases the 50 most-valued U.S. independents.

Year Of Consolidation Highlights 2018 Oil And Gas Deal Making

Overall, 2018 was the Year of Consolidation as several E&Ps agreed to merge throughout the U.S., including inside and outside the prolific Permian Basin.

Hess anticipates the completions design will help grow its Bakken production to about 200,000 barrels of oil equivalent per day by 2021.

Marathon Oil’s Early Test Results Extend Bakken Core Position

In addition to strong Bakken core extension test results, Marathon Oil also continued to chip away at its remaining $1 billion share buyback program.

Addressing these issues has become a priority for many operators and service companies as they work to overcome adverse perceptions of their own industry.

Houston-based independent oil and gas producer EOG Resources has secured 65% of its expected services for 2019.

The Bear In The Bakken

Matt Steele’s privately held Bruin E&P joined the big league in the Williston Basin with last year’s $1.4 billion acquisition, and he’s not feeling intimidated at all.

QEP Sells Williston Basin Assets To Blank-Check Vantage Energy For $1.7 Billion

The acquisition of QEP’s foothold in the Williston Basin by Vantage Energy, a SPAC formed by NGP and industry veteran Roger Biemans, is set to create a Bakken pure-play operator.

Encana To Combine With Newfield Exploration In $5.5 Billion All-Stock Transaction

The acquisition of Newfield and its key position in the Stack/Scoop is expected to make Encana the second largest producer of unconventional resources in North America.

ConocoPhillips, Ryan Lance, unconventional, oil production, Eagle Ford, Bakken, Delaware, third-quarter, earnings

Production from the company’s unconventional assets in the Eagle Ford, Bakken and Delaware Basin jumped in the third quarter to 313,000 barrels of oil equivalent per day.

Enable Midstream Expands Liquids Business With Velocity Acquisition

Analysts say the $442 million Velocity acquisition combined with the concurrently announced Bakken acreage dedication doubles down on a strategic pivot to liquids by Enable Midstream.

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