While reporting that its Williston Basin North Dakota production reached record levels above 100,000 boe/d in 1Q2014, Whiting Petroleum Corp. executives early this month trumpeted the potential of the company’s Denver Julesburg (DJ) Basin play in Colorado as potentially duplicating the Williston growth.
Whiting
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Whiting Adds to Bakken War Chest
Whiting Petroleum Corp. is building its presence in the Williston Basin by purchasing some acreage in North Dakota and Montana, the Denver-based operator said Tuesday.
Enbridge In Bakken-Focused Rail JV
Enbridge Inc. unit Enbridge Rail (Philadelphia) LLC and Canopy Prospecting Inc. have formed the Eddystone Rail Co. to develop a unit-train facility and related pipeline infrastructure near Philadelphia, PA, to deliver Bakken and other light sweet crude oil to Philadelphia area refineries.
Continental Buying in the Bakken, Selling Noncore Conventional Assets
Continental Resources Inc. has signed separate agreements to buy producing and undeveloped properties in the Bakken Shale for $650 million, and to sell land and assets in its east region for $125 million.
Continental Increases Bakken Position Through Wheatland Oil Purchase
Continental Resources Inc.’s shareholders have approved the company’s purchase of Wheatland Oil Inc.’s core assets in the Bakken Shale, a stock deal valued at about $276 million.
North Dakota Production Climbs; Prices Suppressed
Oil and natural gas production in North Dakota’s Bakken Shale continued climbing in April, according to a state Industrial Commission preliminary report released Wednesday. A continuing supply glut wreaks havoc on prices for Bakken crude, according to an analysis from RBN Energy LLC.
Bakken Shale: Oil Play with Big Potential, Report Says
It is becoming impossible to ignore the Bakken Shale in North Dakota as an oil play that may be at the center of a domestic upswing in U.S. production, according to a report released Wednesday by the Washington, DC-based Energy Policy Research Foundation Inc. (EPRINC).
Producers, Colorado to Start Voluntary Groundwater Sampling
A voluntary first-in-the-nation effort to start a baseline groundwater quality sampling program before and after drilling was announced Tuesday as a joint effort among oil/gas producers, Gov. John Hickenlooper and the state Department of Natural Resources at an annual energy conference in Denver hosted by the Colorado Oil & Gas Association (COGA).