Saturday, November 23, 2024

Even with 955 DUCs Awaiting Completion, North Dakota has Record Month

Permian and Anadarko Basins are competition for capital and workforce The North Dakota Industrial Commission’s Department of Mineral Resources has released its production report for the month of May and the NDIC reports new all-time highs. Oil production: 1,244,629 barrels/day (New all-time high) Gas production: 2,318,754 MCF/day (New all-time high) Producing Wells: 14,755 (New all-time high) North Dakota rig count

PetroShale Rig -oilandgas360

PetroShale Updates Middle Bakken/Three Forks Activity

PetroShale Inc. (ticker: PSH) has commenced drilling two (1.7 net) wells on its operated Primus unit in Antelope during the third quarter of 2017. PetroShale operates primarily in the Bakken/Three Forks play in North Dakota. As of September 2017, the company has 57-78 future net drilling locations (depending on the spacing) and approximately 4,946 net acres. The company also commenced

Exclusive Video Interview with PetroShale President & CEO Mike Wood

PetroShale: could double production in the next 3-4 months At its recent 2017 The Oil & Gas Conference®, EnerCom’s Oil & Gas 360® conducted an exclusive video interview with PetroShale (ticker: PSH) President & CEO Mike Wood. PetroShale’s acquisitions have focused on drilling opportunities in the geological ‘sweet spot’ of the Bakken oil play at the Ft. Berthold Indian Reservation.