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Tag Archives: whiting petroleum

$6 billion Whiting-Kodiak merger closer to reality

Zach Koppang | Shale Plays Media The $6 billion merger between Denver-based oil and gas companies Whiting Petroleum Corp. and Kodiak Oil and Gas Corp. has made it past another regulatory stepping block, the Denver Business Journal reports. Late Tuesday Kodiak announced that it was notified that the waiting period under the Hart-Scott-Rodino Anitrust Improvements Act had been terminated, allowing ...

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Niobrara production decline curves by company

Zach Koppang | Shale Plays Media Production rates of oil and gas wells decline dramatically shortly after the initial extraction phase and continue to subside at varying rates as production continues. Niobraranews.net has recently compiled a collection of graphs, sourced from the major operators in the Niobrara shale play, mapping these rates of production decline. In order to determine a ...

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Fire reported at drilling rig near Watford City

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By Lauren Donovan A fire was reported Tuesday afternoon on a Nabors Drilling rig at a Whiting Petroleum oil well location near Watford City. Preliminary reports are that at least one worker was injured in the incident. Details were not immediately available. Department of Mineral Resources spokeswoman Alison Ritter said a department inspector was at the site Tuesday and more details ...

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Whiting Petroleum finalizes Williston Basin purchase

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DENVER–(BUSINESS WIRE)– Whiting Petroleum Corporation (WLL) announced today the closing of the previously announced $260 million acquisition from a private party of certain producing oil and gas wells and development acreage in the Williston Basin. The purchase price is subject to customary post effective date closing adjustments for revenues and expenses. The acquired properties consist of approximately 17,282 net (39,310 gross) acres ...

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Fracking regulations pit ND against DC

Congress News

North Dakota’s The Bakken shale, and how 1 picture tells the whole story. Source: Bureau of Labor Statistics. Though North Dakota has in times past had lower joblessness rates when compared to the remainder of the country, it barely felt a bump in the road with the start of the Great Recession. Not only have the number of jobs enhanced ...

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