Friday, April 4, 2025

WPX Energy Inc.: Delaware Focus Drives Growth

Between 2015 and Q1, 2017, WPX Energy, Inc. (ticker: WPX) has executed a textbook ‘about-face’ on its production, altering its producing ratios from 67% natural gas, 33% liquid to 64% liquid and 36% natural gas production. The company’s total production was approximately 90 MBOEPD during Q1, 2017. The company also established a joint venture with Howard Energy Partners to develop

Samson Oil & Gas: Cost-Efficient Williston Horizontals on the Drawing Board

Samson Oil & Gas Limited (ticker: SSN), is an Australia based company with operations based in the United States. The company produced a total of 64,632 barrels of oil and 58,209 Mcf of gas during Q1, 2017. Williston basin With primary plays in the Williston basin, Samson focuses on its assets in the Madison Group reservoirs. The Madison Group reservoirs

Whiting Petroleum: Enhanced Completions Pay Off

Whiting Petroleum Corporation (ticker: WLL) is one of the largest oil producers in one of America’s leading oil producing regions—the Bakken-Three Forks play in the Williston basin. Whiting is among several large producers in the Bakken, including Continental Resources, Hess, XTO, Statoil and EOG Resources. Whiting controls 443,310 net acres in the oil productive sweet spots of the Williston basin, encompassing

Northern Oil and Gas’s Use of 10 Million Pounds of Proppant per Well Paying Off

Northern Oil and Gas, Inc. (ticker: NOG) reported a cumulative production of 1,196,924 BOE, at an average rate of 13,299 BOEPD during Q1, 2017 out of its Williston acreage, where it holds approximately 155,000 net acres. Through the remainder of 2017, the company believes it will add 12 net wells to its production on a capital budget of $102.2 million.

Incremental Oil and Gas Begins JV Ops in the Williston

Between Wyoming and California, Incremental Oil and Gas Ltd. (ASX: IOG) operates in three producing fields, with a 100% working interest in each. The company produces out of the Silvertip field in the Bighorn Basin, in Wyoming and the Sheep Springs field and Round Mountain field, in California. During Q1, 2017, Incremental produced a total of 56,862 BOE, at an

QEP Resources Has 5 Rigs Drilling the Permian, 1 in the Williston, 1 in the Pinedale Anticline

‘Tank’ completions in the Spraberry, Wolfcamp; and 20-24 re-fracs in the Haynesville QEP Resources (ticker: QEP) holds acreage across the Williston basin, Pinedale Anticline, Uinta basin, Permian basin, and Haynesville shale. QEP’s acreage produces oil, NGLs, and dry gas—totaling in 13,090.3 MBOE cumulative production in Q1, 2017. For 2017, QEP estimates that it will produce a cumulative of 57 to

Enerplus Resources Corporation: Diversity between Williston, Marcellus, Canada

Enerplus Resources Corporation (ticker: ERF) has three main operation centers in the Williston basin, the Marcellus shale, and Canadian waterflood operations. Enerplus’ Williston basin is responsible for the lion’s share of the company’s production, with 25,100 BOEPD leaving the basin. Following behind the Williston are the Canadian waterflood operations, which account for an average of 13,600 BOEPD, and behind that

Buckhorn Energy: Helping XTO Cut Costs for Bakken Water Disposal

Buckhorn Energy to build, own and operate disposal system in McKenzie County; looks to Permian for expansion Colorado-based Buckhorn SWD Solutions, LLC, announced last week that the company has entered into a service agreement with XTO Energy (ticker: XTO) to provide produced water gathering and disposal services in McKenzie County, North Dakota. As part of the agreement, Buckhorn will build,

EnerCom Dallas will Showcase Oil & Gas Industry Leaders Next Week

EnerCom Dallas will feature upside opportunities in oil and gas March 1-2, 2017 – at the Tower Club Downtown Dallas On March 1 at 7:00 a.m. CST, just one week away, the EnerCom Dallas oil and gas investment conference will open its doors, allowing institutional investors to kick the tires of about 40 publicly traded independent oil and gas companies

Rig Count Slightly Dips as Oil Prices Falter on Continued Glut

U.S. rig count drops by 2 this week as prices dip nearly $3 below weekly high The U.S. rig count snapped a streak of gains for the week ended September 9, 2016, according to information from Baker Hughes Industries (ticker: BHI). The total number of rigs in the U.S. fell by two to 506 last week. The loss of three rigs

U.S. Production by Basin

Permian, Marcellus Lead U.S., while Eagle Ford Dives Hard As cost structures are held in check and oil price fluctuations are seemingly without end, producers are evaluating acreage positions and determining what are the best assets. As covered by Oil & Gas 360®, the Permian basin has been the hot bed of activity recently. With IRRs and breakeven costs in

North Dakota Production

Earthstone Energy – Day Three Breakout Notes

Earthstone presents at EnerCom’s The Oil & Gas Conference®  During Earthstone’s breakout session, management was asked the following questions: Could you talk about your cash flow through the end of the year in light of the capital for the year and the capital raise? In the past you have raised some liquidity through non-core asset sales. Where do you stand