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  • Core of the core - 05/03/2015 (Full story) Hess Corp. is again trimming its 2015 capital and exploration budget as it continues to benefit from cost efficiencies while maintaining production, and the corporation's spending strategy is to focus investments in its existing and high return assets, including what it calls its “core of the core”....

  • International views - 05/03/2015 (Full story) The 2015 Williston Basin Petroleum Conference kicked off with oil development outlooks from state and province leaders who regulate development in the Bakken resource. North Dakota Department of Mineral Resources Public Information Officer Alison Ritter said her department expects companies to compl....

  • Upland takes next step - 05/03/2015 (Full story) TransCanada has taken the next step in its plan to move up to 300,000 barrels per day of Bakken crude by pipeline into Canada. The company has confirmed the filing of an application with the U.S. State Department for the US$600 million Upland system covering 285 miles from Williston, offering initia....

  • Tesoro back on guidance track after strikes and maintenance - 05/03/2015  Labor strikes at three of its West Coast refineries contributed to declines in Tesoro Corp.'s first quarter refining throughput and earnings, but with the labor disputes settled, the independent San Antonio-based refiner and marketer, which operates a 71,000 barrel per day refinery in Mandan, North....

  • Kinder Morgan begins adding to ND's pipeline export capacity - 05/03/2015  Following its $3.1 billion acquisition of Hiland Partners and putting Hiland's Double H crude oil export pipeline from western North Dakota into service, Kinder Morgan Inc. has begun construction on an expansion of that pipeline. The Double H went into service in February between Dore near the Mont....

  • Triplett seeks fairness across the board - 05/03/2015  Sen. Connie Triplett has served in North Dakota's Legislature since 2003. True to her profession as an attorney, the Democrat can often be heard asking pressing questions and challenging hearing testimony to gather information. She's also been the lone female voice in committees dealing with oil and....

  • US Supreme Court rules in gas case - 05/03/2015  The United States Supreme Court issued an opinion April 21 in Oneok Inc., et al., v. Learjet Inc., et al., a case affecting natural gas pipelines and helping to clarify when the federal government's authority pre-empts state authority. Learjet Inc. with a group of manufacturers, hospitals and other....

  • Burlington brings in seven of week's top 10 IPs - 05/03/2015  Five Burlington Resources wells clustered in the Corral Creek field in northwest Dunn County filled five of the top 10 initial production volumes reported for North Dakota wells between April 21 and 27, while two other Burlington wells in the Keene field in northeast McKenzie County filled another t....

  • IPs for ND Bakken wells - 05/03/2015  Subscribers: To view the "IPs for ND Bakken wells" chart, please visit the above PDF link.....

  • North Dakota oil permit activity - 05/03/2015  Subscribers: To view the "North Dakota oil permit activity" chart, please visit the above PDF link.....

  • ND weekly county permit totals - 05/03/2015  Subscribers: To view the "ND weekly county permit totals" chart, please visit the above PDF link.....

  • Top 10 Bakken wells by IP rate - 05/03/2015  Subscribers: To view the "Top 10 Bakken wells by IP rate" chart, please visit the above PDF link.....

  • Statoil grants Ferus CO2 contract - 05/03/2015  Statoil Oil and Gas has awarded a contract to Denver-based Ferus LP to provide carbon dioxide for a Statoil pilot program evaluating the potential of liquid CO2 to both partially replace slickwater in hydraulic fracturing and to provide production uplift in the Bakken. According to Ferus, while CO2....

  • Bakken Explorers 2015: Bakken Explorers looks again at those pushing the limits - 05/03/2015 (Full story) Petroleum News Bakken is pleased to issue the third annual edition of The Bakken Explorers, the magazine that features the activities of exploration and production companies that continue to explore the limits of the Bakken petroleum system in the U.S. and Canada. As the publication of record for N....

  • Bakken Explorers 2015: Continental poised to weather downturn - 05/03/2015 (Full story) Continental Resources expects its production to grow in 2015, powered primarily by momentum from 2014, but as 2015 wears on, the company's slashed capital expenditure budget will move it into maintenance mode. While Continental reduced its capex guidance by approximately 40 percent, it is planning t....


  • Bakken Explorers 2015: Crescent Point: an international player - 05/03/2015 (Full story) Crescent Point Energy has an overriding operating belief that “if we aren't drilling no one is,” says Chief Operating Officer Neil Smith. For every aspect, the company is the leader in Canada's Bakken and Shaunavon plays — production, drilling, advances in technology — and now for strategic moves it....

  • Bakken Explorers 2015: DeeThree Exploration's ‘fantastic' Alberta assets - 05/03/2015 (Full story) Of all the junior E&P companies in Canada, few have so consistently seized the attention of analysts as DeeThree Exploration. Through good times and bad, for the company and the industry at large, DeeThree has attracted strong buy recommendations for its results in various Alberta plays, notably in....

  • Bakken Explorers 2015: Enerplus ensuring financial strength - 05/03/2015 (Full story) Although swept along on a wave of upbeat results from 2014, with its Fort Berthold operations contributing handsomely to the performance, Enerplus has decided to head for dry land. Low oil and natural gas prices have prompted the Calgary-based mid-size producer to slash its year-over-year capital sp....

  • Bakken Explorers 2015: Applying years of experience - 05/03/2015 (Full story) EOG Resources has a history of deftly navigating the landscape as unconventional oil activity skyrocketed in the United States. The Houston-based exploration and production company, under the direction of then CEO Mark Papa, was a leader in developing horizontal oil production beginning with multi-s....

  • Bakken Explorers 2015: On the cutting edge of completions - 05/03/2015 (Full story) Within a year of entering the Williston Basin through its acquisition of GeoResources in 2012, Halcon Resources was seeing 77 to 91 percent improvements in 24-hour and 30-day initial production volumes by implementing modified completion methods. Now, two years later the Houston-based independent co....

  • Bakken Explorers 2015: Legacy Oil + Gas plays to its strengths - 05/03/2015 (Full story) For Canada's bruised and battered upstream companies there is no escaping talk these days about their chances of fending off takeover bids. Some may be inclined to wait for an acquisitor with bulging pockets to knock at the door. Others like Legacy Oil + Gas, a leading player in the Saskatchewan Ba....

  • Bakken Explorers 2015: Improving recovery efficiencies - 05/03/2015 (Full story) Marathon Oil Corp. will continue its enhanced completion design pilots in the Bakken during 2015, limiting drilling to its core Myrmidon area in Mountrail and McKenzie counties. Eighteen of 42 enhanced completion wells yielded more than a 30 percent increase in cumulative production over the first 6....

  • Bakken Explorers 2015: An order-of-magnitude growth in 4 years - 05/03/2015 (Full story) Oasis has delivered substantial growth since our IPO (initial purchase offer), growing from around 5,000 boe's (barrels of oil equivalent) per day in 2010 to over 50,000 boe's per day in the fourth quarter of '14.” That is how Tommy Nusz, chairman and CEO of Oasis Petroleum, began a fourth quarter a....

  • Bakken Explorers 2015: Creating complex pressure networks - 05/03/2015 (Full story) Denver-based Bakken operator QEP Resources has achieved sharp gains in well productivity by aggressively pushing proppant levels higher and adding more fracturing stages in its South Antelope well completions core area in the Grail field in far eastern McKenzie County. In wells QEP completed with 10....

  • Bakken Explorers 2015: A family tradition - 05/03/2015 (Full story) Slawson Exploration Co. seems to always know how to make money in the hunt for oil. In fact, exploration in the Williston Basin could be considered synonymous with the Slawson name. The Kansas-based private, family-owned company is an industry leader with a reputation of great success while facing t....

  • Bakken Explorers 2015: ‘Simplify, standardize, work smarter' - 05/03/2015 (Full story) The Bakken petroleum system is one of Statoil's three U.S. onshore assets where it is realizing production of nearly 60,000 barrels of oil equivalent per day. The international energy company based in Norway has unlocked tremendous potential in western North Dakota, and despite a large cutback in sp....

  • Bakken Explorers 2015: Exploring with completion techniques - 05/03/2015 (Full story) 2014 brought a new leader to the number one spot on the production chart in the Bakken/Three Forks system of the Williston Basin when Whiting Petroleum, doing business as Whiting Oil and Gas Corp. in North Dakota, acquired Kodiak Oil and Gas, sealing the deal in December. In September, Whiting ranke....

  • Bakken Explorers 2015: Completion timing and deep thinking - 05/03/2015 (Full story) For WPX Energy Inc., success in the low oil price environment requires staying “proactive and opportunistic” regarding the timing of well completions, Rick Muncrief, president and chief executive officer said in a Feb. 25 statement. “You see everyone in the industry deferring completions, and that's....

  • Bakken Explorers 2015: Staying the course in the Bakken - 05/03/2015 (Full story) XTO Energy will maintain a steady pace in its Bakken exploration and production program, thanks to operating efficiencies, increased well production, proprietary technology and the financial strength and long-term outlook of its parent company. In the Bakken over the last four years, XTO has seen we....


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