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Bakken Shale & Three Forks Rig Count

  Count Change From
Previous Week
YTD Change From
Previous Year
Oil Count 35 -1 -18 -1
Gas Count 0 0 0 0

Most Active Operators By Rig Count

Operator Current Week Previous Week Change Q4-2016
Marathon Oil Corp 5 3 +2 5
Whiting Petroleum Corp. 4 4 --- 4
ConocoPhillips 4 4 --- 4
Continental Resources, Inc. 3 5 -2 5
Oasis Petroleum Inc. 2 2 --- 4
Subscribe to See 2 2 --- 3
Subscribe to See 2 2 --- 3
Subscribe to See 2 2 --- 3
Subscribe to See 2 1 +1 5
Subscribe to See 2 2 --- 4


Most Active County By Rig Count

County Current Week Previous Week Change Q4-2016
MCKENZIE 18 16 +2 28
DUNN 9 8 +1 18
Subscribe to See 5 5 --- 11
Subscribe to See 2 3 -1 7
Subscribe to See 1 1 --- 1


Disclosed 2017 Budgets & Drilling Plans


Continental Resources, Inc. Plan to Operate XXX Wells in 2017
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

 Bakken Shale & Three Forks Top Operators
(Undrilled-Permits)
Company    2017(YTD)
Whiting Petroleum Corp.    34
EOG Resources, Inc.    20
XTO Energy Inc.    7
   7
   7
   6
   5
   4

   Drilling Permits Trends ( Jan 2015 - Feb 2017)


Bakken Shale & Three Forks - Drilling Permits ( January 27, 2017 - February 26, 2017)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
ConocoPhillips
02-19-2017 Mckenzie Demicks Dodge 1a Mbh-ulw Oil new (horizontal well) Dimmick Lake / Confidential Well-undrilled
02-14-2017 Mckenzie Dodge 1b Tfh Oil new (horizontal well) Dimmick Lake / Confidential Well-undrilled
02-08-2017 Mckenzie Dodge 2a Tfh Oil new (horizontal well) Dimmick Lake / Confidential Well-undrilled
Halcon Resources Corp
02-08-2017 Williams Borrud 156-101-1b-12-4h Oil & Gas new (horizontal well) Tyrone / X Well-undrilled
02-08-2017 Williams Borrud 156-101-1b-12-5h Oil & Gas new (horizontal well) Tyrone / X Well-undrilled
XTO Energy Inc.
02-14-2017 Mckenzie Dakota Federal 42x-36e Oil new (horizontal well) Bear Den / Confidential Well-undrilled
02-14-2017 Mckenzie Dakota Federal 42x-36f Oil new (horizontal well) Bear Den / Confidential Well-undrilled
02-14-2017 Mckenzie Dakota Federal 42x-36b Oil new (horizontal well) Bear Den / Confidential Well-undrilled
02-07-2017 Mckenzie Dakota Federal 42x-36c Oil new (horizontal well) Bear Den / Confidential Well-undrilled
02-07-2017 Mckenzie Dakota Federal 42x-36h Oil new (horizontal well) Bear Den / Confidential Well-undrilled

  Drilling Activity (2016 - 2017 YTD) In The Bakken Shale & Three Forks


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


 ( Jan 1, 2016 - Dec 31, 2016)
Completions By
Company
2016
Count
Hess Corp 84
XTO Energy Inc. 67
Whiting Petroleum Corp. 50
49
49


Completions By
County
2016
Count
Mckenzie 252
Dunn 106
Mountrail 89
84
39





 Bakken Shale & Three Forks Map

 Bakken Shale & Three Forks Rig Data : February 26, 2017


Drilling Trends from May 4, 2011 - February 26, 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)