Items Tagged with 'whiting'

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Whiting to Keep Some DJ Basin Assets; Add Williston Acreage

Denver-based Whiting Petroleum Corp.'s CEO Brad Holly on Wednesday said his company has pulled some of its Denver-Julesburg (DJ) Basin assets from the sales block and added nearly 55,000 net acres in the Williston Basin as its drilling teams continue to set new records for shortening well completion times. Read More

Whiting Petroleum Keeps Focus on Bakken, DJ Plays

Following the sale of substantial assets on the North Dakota Fort Berthold Reservation, Denver-based Whiting Petroleum Corp. is keeping its focus on the Bakken while growing its assets in Colorado's Denver-Julesburg (DJ) Basin and collectively maintaining 126,000 boe/d production next year, according to CEO Jim Volker. Read More

Whiting Sees Lower Costs, Raises Production Guidance

Whiting Petroleum Corp. said the addition of new pipeline infrastructure in the Williston Basin in the first quarter helped drop oil differentials below the low end of its guidance, while its operations team helped lower its lease operating expenses (LOE) during the downturn in oil prices. Read More

Williston Basin Refracturing Pilot Shows Promise for Older Bakken Wells

A pilot program launched last year between Denver-based Whiting Petroleum Corp. and North Dakota's state-sponsored Oil/Gas Research Council (OGRC) has produced some encouraging results that have Whiting engineers and state energy officials salivating at long-term prospects for boosting oil/natural gas production in the second biggest producing state in the nation. Read More