Bakken
Exploration & Production , Shale Plays
US Oil Production Soars To Record In August
The U.S. has become the world's largest oil producer with output surging to records above 12 million barrels per day this year as technological advances have increased production from shale plays.
Earnings , Exploration & Production , Shale Plays
Continental Resources Profit Plunges On Weak Prices
Continental Resources' total production rose 12% to 332,315 barrels of oil equivalent per day, primarily boosted by higher output at its Bakken shale basin.
Lease Sales
On The Market Quicklist (Week Of Oct. 30, 2019)
Here’s a quicklist of oil and gas assets on the market including properties in the Permian Basin from Encana and Lilis Energy plus an ORRI package in the Eagle Ford Shale from Hess.
Earnings , Unconventional , Shale Plays
QEP Resources Chops Expenses, Costs In Permian Basin, Bakken
The company reported this week earnings of $81 million, up from $7.3 million in the same quarter last year, and record Permian production.
Lease Sales
On The Market Quicklist (Week Of Oct. 23, 2019)
Here’s a quicklist of oil and gas assets on the market including Oklahoma assets in the Scoop and Stack shale plays from Grizzly Energy, formerly Vanguard Natural Resources.
Lease Sales
On The Market Quicklist (Week Of Oct. 16, 2019)
Here’s a quicklist of oil and gas assets on the market including positions in the Permian Basin from Apache and Chevron.
People , Water Management , Midstream
Goodnight Midstream Adds Former Paradigm CFO Ben Daitch To Team
Goodnight Midstream named Ben Daitch as CFO on Oct .15, replacing Andrejka Bernatova, who had been with the Dallas-based company for a little over a year.
Public Capital , Acquisitions & Divestitures
Whiting Petroleum In Deal Talks With Abraxas Petroleum: Sources
Whiting Petroleum, an oil and gas producer with operations in North Dakota and Colorado, is in deal talks with San Antonio-based Abraxas Petroleum, two people familiar with the matter told Reuters.
Lease Sales
Marketed: Blue Flame Minerals Bakken/Three Forks Position
Blue Flame Minerals retained RedOaks Energy Advisors for the sale of its Bakken/Three Forks minerals position located in North Dakota in an offering closing Oct. 31.
Lease Sales
On The Market Quicklist (Week Of Oct. 9, 2019)
Here’s a quicklist of oil and gas assets on the market including ConocoPhillips Louisiana Austin Chalk leasehold and a package of producing minerals in the Piceance Basin.