Concurrent with its D-J exit, Whiting Petroleum also announced an acquisition of Williston Basin assets that the U.S. shale producer said “adjoins and complements” its existing Bakken operations.
The Anadarko Basin has increased its rig count by about 67% over the last month largely due to activity in the region from Continental Resources, Citizen Energy, Marathon Oil and Mewbourne Oil.
Here’s a snapshot of recent energy deals including Shell’s U.S. shale exit through the $9.5 billion cash sale of its Permian Basin position to ConocoPhillips.
Here’s a quicklist of oil and gas assets on the market including a legacy mineral position in the Permian Basin plus a Rock Oil nonop and minerals opportunity in the SCOOP and STACK plays of Oklahoma.
The U.S. District Court for the District of Columbia revoked a key environmental permit for the largest pipeline out of the North Dakota oil basin last year and ordered the study.
Northern Oil and Gas bid about $170 million for a nonoperated working interest in Comstock Resources’ Bakken assets, sources say.
Energy Transfer, which operates the 570,000 bbl/d pipeline out of the Bakken shale basin, has said Dakota Access is safe.
The U.S. rig count hit a 2021 high this past week with the most notable increases week-over-week occurring in the Gulf Coast, Permian Basin and Appalachia shale plays.