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Bakken Shale & Three Forks Rig Count

  Count Change From
Previous Week
YTD Change From
Previous Year
Oil Count 32 -1 -21 -17
Gas Count 0 0 0 0

Most Active Operators By Rig Count

Operator Current Week Previous Week Change Q4-2016
Continental Resources, Inc. 4 4 --- 5
Whiting Petroleum Corp. 4 4 --- 4
ConocoPhillips 4 4 --- 4
XTO Energy Inc. 3 3 --- 3
Hess Corp 2 2 --- 5
Subscribe to See 2 2 --- 4
Subscribe to See 2 2 --- 3
Subscribe to See 2 3 -1 3
Subscribe to See 2 2 --- 3
Subscribe to See 1 1 --- 1


Most Active County By Rig Count

County Current Week Previous Week Change Q4-2016
MCKENZIE 16 16 --- 22
DUNN 10 10 --- 14
Subscribe to See 5 6 -1 10
Subscribe to See 2 2 --- 5
Subscribe to See 1 +1 2


Disclosed 2017 Budgets & Drilling Plans


Hess Corp Plans to Drill XXX Wells in 2017
Xto Energy Inc. Plan to Operate XXX Wells in 2017
Conocophillips Plans to Drill XXX Wells in 2017
Qep Resources, Inc. Plans to Drill XXX Wells in 2017
Enerplus Corp Plans to Drill XXX Wells in 2017

 Bakken Shale & Three Forks Top Operators
Company 2016    2017(YTD)
ConocoPhillips 103      
EOG Resources, Inc. 85      6
Continental Resources, Inc. 59      
58      24
36      7
32      4
26      
21      1

   Drilling Permits Trends ( Jan 2015 - Jan 2017)


Bakken Shale & Three Forks - Drilling Permits ( December 21, 2016 - January 20, 2017)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
Crescent Directional Drilling LP
01-17-2017 Divide Cpeusc Aldag 5a-26-25-164n-100w Oil new (horizontal well) West Ambrose / Confidential Well-undrilled
QEP Resources, Inc.
01-17-2017 Mckenzie Nd Levang 3-16-21t3hd Oil & Gas new (horizontal well) Grail / X Well-undrilled
01-17-2017 Mckenzie Nd Levang 4-16-21t2hd Oil & Gas new (horizontal well) Grail / X Well-undrilled
01-17-2017 Mckenzie Nd Levang 8-16-21bhd Oil & Gas new (horizontal well) Grail / X Well-undrilled
01-17-2017 Mckenzie Nd Levang 5-16-21t2hd Oil & Gas new (horizontal well) Grail / X Well-undrilled
EOG Resources, Inc.
01-17-2017 Mckenzie Clarks Creek 38-0805h Oil & Gas new (horizontal well) Antelope / X Well-undrilled
01-17-2017 Mckenzie Clarks Creek 39-0805h Oil & Gas new (horizontal well) Antelope / X Well-undrilled
01-17-2017 Mckenzie Clarks Creek 40-0805h Oil & Gas new (horizontal well) Antelope / X Well-undrilled
01-17-2017 Mckenzie Clarks Creek 41-0805h Oil & Gas new (horizontal well) Antelope / X Well-undrilled
01-17-2017 Mckenzie Clarks Creek 42-0805h Oil & Gas new (horizontal well) Antelope / X Well-undrilled

  Well Activity SINCE 2016 For Bakken Shale & Three Forks


  Wells Completed/Frac'd ( Jan - 2016 to Nov 2016)


 ( Jan 1, 2016 - Dec 31, 2016)
Completions By
Company
YTD
Count
Hess Corp 91
XTO Energy Inc. 58
Whiting Petroleum Corp. 50
49
47


Completions By
County
YTD
Count
Mckenzie 264
Dunn 108
Mountrail 98
72
39





 Bakken Shale & Three Forks Map

 Bakken Shale & Three Forks Rig Data : January 20, 2017


Drilling Trends from May 4, 2011 - January 20, 2017

 Bakken Shale & Three Forks Overview



The Bakken shale and underlying Three Forks formation are part of the larger Williston Basin which encompasses Saskatchewan, Manitoba, North Dakota, Montana, and South Dakota. Bakken producing zones are mainly present in Western North Dakota, Southern Saskatchewan, and Eastern Montana.

The Bakken shale is one of the largest (possibly the largest) continuous oil accumulations in the world.  It is an over pressured system which is in part responsible for high IP rates. The high pressure in the formation suggests that the…


Latest Midstream Projects

Project Name Completion date Capacity (MBOPD)
Valley Expansion Project  - -
Johnson's Corner Pipeline  - -
Little Muddy Pipeline  - -
Total   -
 Click Here to More Projects

  Bakken Shale & Three Forks - Mergers & Acquisition

Announce DateBuyerSellerTitleValue $MM
12/12/2016 Not Disclosed Enerplus Corp Enerplus Sells Fort Berthold/ Williston Basin Acreage For $292 Million $292
10/20/2016 Pilgrim Petroleum Corporation Not Disclosed Pilgrim Petroleum Acquires Bakken, Woodford, Eagle Ford Assets $330
Subscribe to see Subscribe to see Subscribe to see Oasis Makes Big Acreage Buy in the Bakken; $766 Million $766
Subscribe to see Subscribe to see Subscribe to see SM Energy Sells Raven/Bear Den Acreage in ND ---
Subscribe to see Subscribe to see Subscribe to see Resource Energy Acquires Samson Resources Bakken Assets $75
Subscribe to see Subscribe to see Subscribe to see Continental Resources Sells Off 80,000 Acres of Rockies Assets $222
Subscribe to see Subscribe to see Subscribe to see Samson Sells Bakken North Stockyard Asset to Private Equity Firm $15
Subscribe to see Subscribe to see Subscribe to see Lone Pine, Arsenal to Combine; 765,600 Net Acres ---
Subscribe to see Subscribe to see Subscribe to see Lime Rock Picks Up Non-Op Williston Basin Assets for $116.1MM $116
Subscribe to see Subscribe to see Subscribe to see Arsenal Energy to Sell All U.S. Assets; Bakken/Three Forks $34
 

  Bakken Shale & Three Forks Transactions By Quarter ($MM)