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

Bakken Shale & Three Forks Rig Count
(as of 10/30/2020)

  Count Change From
Previous Week
Change From
Previous Year
Confidential Count -1 No change
Oil Count 11 1 -40
Oil & Gas Count No change -1

Top Bakken Shale & Three Forks Operators By Rig Count/Locations
(as of 10/30/2020)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 3 3 --- -1
Continental Resources, Inc. 2 2 --- -4
Subscribe to See 2 1 +1 -1
Subscribe to See 1 1 --- -5
Subscribe to See 1 1 --- -1
Subscribe to See 1 1 --- -1
Subscribe to See 1 1 --- -2


Top Bakken Shale & Three Forks County By Rig Count/Locations
(as of 10/30/2020)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 4 4 --- -15
DUNN 3 3 --- -8
Subscribe to See 3 2 +1 -9
Subscribe to See 1 1 --- +1
Subscribe to See 1 1 --- -8


 Bakken Shale & Three Forks Top Operators
(Undrilled-Permits)
Company    Last 12 Months
Marathon Oil Corp    61
Continental Resources, Inc.    55
Hess Corp    53
   46
   44
   42
   31
   20

   Drilling Permits Trends ( Last 24 Months)


  Bakken Shale & Three Forks - Drilling Activity (2016 - 2020 YTD)


 Bakken Shale & Three Forks - Well Completion Trend


Completions By
Company
2019(YTD)
Count
Hess Corp 227
Continental Resources, Inc. 181
Whiting Petroleum Corp. 169
120
99
Completions By
County
2019(YTD)
Count
Mckenzie 529
Mountrail 324
Williams 316
268
23

 Bakken Shale & Three Forks Map

 Bakken Shale & Three Forks Rig Data : October 30, 2020


Drilling Trends from May 4, 2011 - October 30, 2020

 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 $5,630
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $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
07/31/2019 Not Disclosed Whiting Petroleum Corp. Bakken Operator Sells Property for $53 Million $53
06/05/2019 Not Disclosed Abraxas Petroleum Corp. Abraxas Sells Non-Op Bakken Property for $15.5MM $16
06/04/2019 Resource Energy Can-am LLC Not Disclosed Resource Energy Picks Up Non-Op Bakken Property; 750 BOEPD ---
04/22/2019 Northern Oil and Gas, Inc. Flywheel Energy LLC Northern Oil Acquires Bakken Assets from PE-Backed Flywheel $180
04/03/2019 Empire Petroleum Corp. Energyquest Ii Llc Empire Petroleum Picks Up 20,700-Acre Williston Basin Asset ---
11/07/2018 Vantage Energy Acquisition Corp QEP Resources, Inc. Vantage Energy Acquires QEP's Williston Property for $1.7 Billion $1,725
 

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