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Tag Archives: whiting petroleum

Overheard at DUG Bakken-Niobrara conference in Denver

Every year, Hart Energy puts on the DUG Bakken-Niobrara conference in downtown Denver, where industry officials talk about economics, production and innovation in the Bakken region in North Dakota and the Niobrara region in the Denver-Julesburg Basin. The conference, held March 31-April 2 at the Colorado Convention Center, focused this year on companies finding ways to continue innovation and operation ...

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Marcellus permit activity in Pennsylvania

Permit activity in Pennsylvania’s Marcellus Shale formation has seen a slight increase in issued permits over the last week, as well as contract cancellations. While commodity prices are still low, oil and gas companies have started spending money on canceling drilling contracts rather than completing operations.  Antero Resources Corp., a major operator in the Utica and Marcellus Shale formations, is ...

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Top 5 Bakken stories of the week

bakken

Here are the top five stories from Bakken.com for the week of April 25 through May 1. Enjoy! 5. Halcon decreases Bakken well costs, increases production For Halcon Resources Corp, costs in the Bakken have decreased while production increased during the first quarter of 2015 when compared to the previous quarter, The Bakken Magazine reports. After releasing its preliminary results for ...

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O&G companies are dropping big money to cancel contracts

With commodity prices still low, oil and gas companies have started to spend their money on terminating drilling contracts rather than going through with the operations. Antero Resources Corp., which has operations in the Utica and Marcellus Shale formations, is one of the companies that has jumped on the cancellation train. According to the company’s earnings report, during the first-quarter, ...

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Top 5 Bakken stories of the week

Here are the top five stories from Bakken.com for the week of April 18 through April 24. Enjoy! 5. Study: Deferring well completion to pay off Crude storage in the U.S. is at a record high. During the week of March 27, 4.8 million barrels added topped off the current high of 471.4 million barrels, according to a recent report from ...

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Hi-tech and Big Data offer hope to battered US oil industry

WILLISTON, N.D. – The tech geeks are coming to the oil industry’s rescue. With the price of crude plumbing lows not seen since 2009, Royal Dutch Shell, Whiting Petroleum Corp and many others are turning to rocket fuel, Big Data, lasers, spectrometers and other new or revamped technologies to do more for less. As North America’s oil companies slash spending ...

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