News and Analysis
Capital, Finance

Granite Oil's Latest AB Bakken EOR Well Cost at $2 MM

Lateral length of 1,250 metres, completed with 15 eight ton fracs using nitrified water, all-in cost of $2.1 million dollars.

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Most Active Operator By Well License

Operator Ver  Hz   Total
More Alberta Bakken Companies
  2015 Drilling Budgets
Northern Blizzard Resources Inc plans to spend XXXXXX to drill & frac XXXXXX wells in the Bakken - Alberta in 2015. The company plans to operate XXXXXX rigs.

Granite Oil Corp plans to spend XXXXXX to drill & frac XXXXXX wells in the Bakken - Alberta in 2015. The company plans to operate XXXXXX rigs.

More Drilling Plans...

2015 Bakken - Alberta Drilling & Completions Budget

Operator NameTicker Capital Budget   $mm Wells Planned Rigs Planned Notes
Northern Blizzard Resources Inc $215 million -
Granite Oil Corp $20 million -

 Bakken - Alberta Overview

What is the Alberta Bakken?

The Bakken formation is a 350 million-year-old layer of rock occupying 520,000 km2 of the subsurface of the Williston Basin covering parts of Saskatchewan, Manitoba, North Dakota and Western Montana.  The formation was discovered in 1953 and as early as 1974, it…

 Bakken - Alberta Map

Recent Transactions
Announce DateBuyerSeller$MMTypePlay/LocationDetails
Jun-30-2015 Ontario Teachers Pension Plan  Cenovus Energy Inc.  Asset Bakken - Alberta,Bakken - Saskatchewan,Bakken - Manitoba  Details
Jul-17-2014 Raimount Energy Inc.,Private  Not Disclosed  Asset Bakken - Alberta  Details
May-05-2014 Deethree Exploration Ltd.  Not Disclosed  Property Bakken - Alberta  Details
Apr-02-2014 Surge Energy Inc  Longview Oil Corp  M&A Bakken Shale & Three Forks,Bakken - Alberta  Details
Sep-16-2013 Artisan Energy Corporation  Not Disclosed  JV Bakken - Alberta  Details
Sep-13-2012 Vero Energy Inc.  Not Disclosed  M&A Cardium Shale,Bakken - Alberta  Details
Jul-10-2012 Indian Oil Corporation,Oil and Natural Gas Corporation of India  ConocoPhillips  Property Bakken - Alberta,Bakken Shale & Three Forks  Details
Feb-16-2012 Crescent Point Energy Corp.  Petrobakken Energy Ltd.  Asset Bakken - Alberta  Details
Feb-11-2011 American Eagle Energy Corporation  Not Disclosed  Acreage Bakken - Alberta  Details
Latest Bakken - Alberta Midstream Activity

TransCanada Gets Green Light for Grand Rapids Pipeline

October 13,2014

The Alberta Energy Regulator (AER) has approved the majority of the company's applications to construct and operate the Grand Rapids Pipeline Project.

U.S. Democrats Pressure Obama to Make Keystone XL Decision

April 11,2014

Falling in line with Canadian officials, several U.S. Democrats are now urging U.S. President  Barack Obama to make a final decision on TransCanada’s Keystone XL oil pipeline.

Williams Partners to Acquire Alberta Midstream Ops or $1.2B

February 26,2014

Williams Partners LP has entered into an agreement to acquire Williams' in-service operations in Alberta, Canada.

Enbridge Athabasca Pipeline Back in Service After Leak

June 25,2013

While the cause of the leak has not yet been confirmed, unusually heavy rainfall in the region is believed to have resulted in ground movement.

Gateway Terminal Now Accepting Canadian Crude

May 17,2013

The facility also has capacity for new volumes for deliveries to Gulf Coast markets.

TransCanada to Build Heartland Pipeline, Terminal

May 02,2013

The projects will further expand TransCanada’s liquids transportation capabilities and leverage TransCanada's extensive operating experience in Alberta.