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.
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.
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.
ConocoPhillips, which is advancing recovery from its Bakken wells, discusses its forward plans for the Williston Basin.
The projected increase in oil and gas production follows recent reports by the EIA of a sharp decline in the DUC count in all major U.S. shale regions.
Here’s a snapshot of recent energy deals including the sale by Colgate Energy of the Permian Basin water assets it had recently acquired as part of its $508 million acquisition from Occidental Petroleum.