Williston Basin

Oasis Emerges from Bankruptcy with $1.8B Less Debt, New Ticker

Oasis Emerges from Bankruptcy with $1.8B Less Debt, New Ticker

Houston-based Oasis Petroleum Inc., which works the Permian and Williston basins, has completed a financial restructuring and emerged from bankruptcy. The independent, which filed for Chapter 11 protection in late September, said it has reduced its prepetition debt by $1.8 billion. It is trading on Nasdaq under “OAS.” “Oasis is now uniquely positioned with a…

November 24, 2020

KKR, Western Natural Launch Williston E&P Venture

Oklahoma City-based Western Natural Resources LLC is teaming up with global investor KKR to acquire producing and undeveloped oil and gas assets in the Williston Basin.

May 20, 2019

Lower 48 Upstream, Midstream Operators Battling Polar Blast

As Arctic cold settled in Wednesday across a wide swath of the country, from the Midwest to the Northeast, producers and midstream companies in the Appalachian and Williston basins were busy trying to fight the effects of record-setting temperatures on their operations and crews.

January 30, 2019

SM Energy Casting Off More Assets to Keep Focus in Texas

Denver-based independent SM Energy Co. has clinched agreements to sell its remaining Williston Basin assets and some properties in West Texas for a combined $292.3 million.

April 5, 2018