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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Whiting, Oasis Combine in Merger of Equals Worth $6.0 Billion

Oasis Petroleum Inc. Whiting Petroleum Corp.
AnnouncedMar 7, 2022
TypeCorporate
LocationBakken Shale & Three Forks
Announced Date
March 07,2022
Close Date
July 05,2022
Transaction Type
Corporate




Snapshot
Net Acres
Location
Region
Williston Basin

Country
United States

State
North Dakota

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Production
Production


Calculated Metrics( EV/Category)

Transaction Details:  Subscribe to see

Whiting Petroleum Corp. and Oasis Petroleum Inc. announced they have entered into an agreement to combine in a merger of equals transaction worth ~$6.0 billion.

The combined company will have a premier Williston Basin position with top tier assets across approximately 972K net acres, combined production of 167.8 thousand boepd.

This deal closed on July 5, 2022. Oasis and Whiting have subsequently rebranded as Chord Energy.

Deal Details: Acreage: 480,000 net acres Production: 92,000 BOEPD Pro-Forma Map & Guidance Deal Terms

Under the terms of the agreement, Whiting shareholders will…



Other Williston Basin Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
May-13-2025 - - Click here Montana  E&P
Jan-31-2024 - - Click here North Dakota  E&P
Aug-24-2023 - - Click here North Dakota  E&P
Sep-06-2022 - - Click here   E&P
Jul-11-2022 - - Click here Texas  E&P

Price History



Date Deal Headline Price$/acre
Nov-03-2025 Viper Energy Divests Non-Permian Mineral & Royalty Portfolio to Warwick Capital and GRP Energy for $617MM - -
Jul-08-2024 Devon To Acquired PE-Backed Grayson Mill For $5 Billion - -
Feb-21-2024 Chord Energy and Enerplus to Combine in $11 Billion Transaction Creating Premier Williston-Focused E&P Company - -