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Bakken Shale & Three Forks Rig Count
(as of 07/25/2021)

  Count Change From
Previous Week
Change From
Previous Year
Confidential Count 9 2 8
Oil Count 6 No change -4
Oil & Gas Count 4 No change 4

Top Bakken Shale & Three Forks Operators By Rig Count/Locations
(as of 07/25/2021)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 7 6 +1 +5
Marathon Oil Corp 2 2 --- +1
Subscribe to See 2 2 --- +1
Subscribe to See 1 1 --- +1
Subscribe to See 1 1 --- +1
Subscribe to See 1 1 --- ---
Subscribe to See 1 +1 +1
Subscribe to See 1 1 --- ---
Subscribe to See 1 1 --- +1
Subscribe to See 1 1 --- +1


Top Bakken Shale & Three Forks County By Rig Count/Locations
(as of 07/25/2021)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 6 4 +2 +1
DUNN 5 5 --- +4
Subscribe to See 3 3 --- +3
Subscribe to See 3 3 --- -1
Subscribe to See 1 1 --- +1


 Bakken Shale & Three Forks Top Operators
(Undrilled-Permits)
Company    Last 12 Months
Continental Resources, Inc.    36
ConocoPhillips    34
Enerplus Corp    21
   12
   10
   8
   7
   6

   Drilling Permits Trends ( Last 24 Months)


  Bakken Shale & Three Forks - Drilling Activity (2016 - 2021 YTD)


 Bakken Shale & Three Forks - Well Completion Trend


 Bakken Shale & Three Forks Map

 Bakken Shale & Three Forks Rig Data : July 25, 2021


Drilling Trends from May 4, 2011 - July 25, 2021

 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…


  Bakken Shale & Three Forks - Mergers & Acquisition

Announce Date Buyer Seller Title Value $MM
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $271
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $745
04/08/2021 Enerplus Corp Hess Corp Enerplus Acquires Bakken Assets from Hess in $312MM Cash Deal $312
02/10/2021 Grayson Mill Energy Equinor Equinor Sells Bakken Assets to PE-Backed Firm for $900MM $900
01/25/2021 Enerplus Corp Bruin E&P Partners Enerplus Acquires Pure-Play Bakken E&P Bruin for $465MM $465
12/21/2020 Diamondback Energy, Inc. QEP Resources, Inc. Diamondback Energy Acquires QEP Resources $2,200
09/28/2020 Devon Energy Corp WPX Energy, Inc. Devon Energy to Acquire WPX Energy In All Stock Deal $5,630
08/03/2020 Northern Oil and Gas, Inc. Not Disclosed Northern Oil Inks Cash / Stock Deal for Non-Op Bakken Package $6
06/11/2020 Northern Oil and Gas, Inc. Not Disclosed Northern Oil & Gas Bolts-On Property in Williston Basin $2
11/01/2019 Not Disclosed Gulfport Energy Corp. Gulfport Sells Bakken ORRI for $8.0 Million in Cash $8
 

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