Operational Updates
Kodiak Provides Interim Bakken Drilling Update; Improved Well Cost
Print
|
Kodiak Oil & Gas Corp., today provided an interim corporate update on recent drilling and completion activities.
Interim Completion Operations Update
In the Koala project area in McKenzie County, N.D., Kodiak recently completed three wells in which it owns a 98% working interest (WI) and 79% net revenue interest (NRI). Two wells were completed in the Three Forks Formation, the Koala 14-32-29-2H3 well and the Koala 14-32-29-4H3 well, and one in the Middle Bakken Formation, the Koala 14-32-29-3H well. The wells had 24-hour initial production rates of 2,528, 3,124 and 3,035 barrels of oil equivalent per day (BOE/d), respectively, and as noted in more detail in the completions table below.
In the Polar project area in southern Williams County, N.D., fracture stimulation procedures were…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
Williston Basin News
Bakken Midstream Project shelved; as future growth projects thin
Hess Midstream highlighted continued throughput growth across its Williston Basin (Bakken/Three Forks) systems, signaling higher utilization in gas gathering and processing. For producers, the only forward-looking capacity signal…
Empire Petroleum First Quarter 2023 Results
Empire Petroleum announced first quarter 2023 results. Highlights Increased year-over-year per day sales volumes by 4% to 2,206 barrels of oil equivalent per day ("Boe/d") (61% oil, 19%…
Vitesse Energy, Inc. First Quarter 2023 Results
Vitesse Energy, Inc. announced first quarter 2023 results. Highlights Completed spin-off from Jefferies Financial Group Inc. (the "Spin-Off") and closed the acquisition of Vitesse Oil, LLC on January…
Exxon Mobil First Quarter 2023 Results
Exxon Mobil Corp. announced its first quarter 2023 results. Highlights: Delivered record first quarter earnings of $11.4 billion, demonstrating structural earnings improvements through growth of advantaged assets, mix…
ExxonMobil Fourth Quarter, Full Year 2022 Results
Exxon Mobil Corp. reported its fourth quarter and full year 2022 results. Exxon announced fourth-quarter 2022 earnings of $12.8 billion, or $3.09 per share assuming dilution, resulting in…