Williston

Public Capital , Earnings , Exploration & Production , Shale Plays

US Shale Producer Marathon Oil Posts Fourth Straight Quarterly Loss

Marathon Oil reported a loss of $317 million, or 40 cents per share, for the quarter ended Sept. 30, compared to a profit of $165 million, or 21 cents per share, a year earlier.

November 4, 2020

Lease Sales

Marketed: Williston Basin Auction of Producing Royalty Packages

Phoenix Capital Group Holdings LLC retained EnergyNet for the sale of packages of producing mineral and royalty interests within the Williston Basin in North Dakota’s McKenzie, Mountrail and Williams counties.

November 4, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of Nov. 4, 2020)

Here’s a quicklist of oil and gas assets on the market including a Permian Basin well package operated by Apache Corp. plus Royal Blue Minerals II’s Williston Basin position.

November 4, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of Nov. 2, 2020)

The U.S. rig count rose 11% in October but was down 60% year-over-year.

November 2, 2020

Lease Sales

Marketed: Royal Blue Minerals II Williston Basin Position

Royal Blue Minerals II LP retained RedOaks Energy Advisors as its exclusive adviser in connection with the sale of its Williston Basin minerals position.

November 2, 2020

Unconventional , Top IP Wells

Table: Top 12 IP Wells in Three Forks

October 2020: Three Forks Well in McKenzie County, N.D.: 5,946 bbl of Oil, 6.185 MMcf of Gas per Day

November 2, 2020

Unconventional , Top IP Wells , Shale Plays

Updated: Top 12 IP Wells in the Bakken

February 2020: Middle Bakken Discovery By Marathon: 9.347 MMcf Of Gas, 9.014 Mbbl Of Oil Per Day

November 2, 2020

Business , Unconventional , Crude Oil , Shale Plays , Completions , Pressure Pumping

Will US Oil Production Ever Hit 13 Million Barrels Per Day Again?

Analysts discuss the outlook for the U.S. shale sector as it recovers from the latest downturn, awaiting higher global demand.

November 1, 2020

Earnings , Shale Plays

Equinor Takes $2.9 Billion Hit in Asset Write-offs

The biggest write-downs stem from Equinor's assets in the Bakken shale field in the U.S. and the Mariner heavy oil field off the coast of Britain, the company said on an analysts call without elaborating.

October 29, 2020

Lease Sales

On the Market Oil and Gas Quicklist (Week of Oct. 28, 2020)

Here’s a quicklist of oil and gas assets on the market including Bellatorum Resources Permian Basin royalty asset packages plus operated Oklahoma assets from Kaiser-Francis Oil.

October 28, 2020