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

Bakken Shale & Three Forks Rig Count
(as of 06/29/2022)

  Count Change From
Previous Week
Change From
Previous Year
Confidential Count 13 1 9
Oil Count 11 -5 No change
Oil & Gas Count 11 2 9

Top Bakken Shale & Three Forks Operators By Rig Count/Locations
(as of 06/29/2022)

Operator Current Week Previous Week Change Change From Last Year
Subscribe to See 6 6 --- +1
Whiting Petroleum Corp. 2 2 --- +1
Subscribe to See 2 3 -1 ---
Subscribe to See 2 2 --- +1
Subscribe to See 2 2 --- +2
Subscribe to See 2 2 --- ---
Subscribe to See 2 2 --- +1
Subscribe to See 2 2 --- +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 06/29/2022)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 10 10 --- +5
DUNN 9 9 --- +4
Subscribe to See 8 8 --- +5
Subscribe to See 6 8 -2 +2
Subscribe to See 1 1 --- +1


 Bakken Shale & Three Forks Top Operators
(Undrilled-Permits)
Company    Last 12 Months
Hess Corp    24
Oasis Petroleum Inc.    24
Whiting Petroleum Corp.    21
   15
   10
   9
   6
   5

   Drilling Permits Trends ( Last 24 Months)


Bakken Shale & Three Forks - Drilling Permits ( May 30, 2022 - June 29, 2022)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
Hess Corp
06-12-2022 Williams Ti-stenbak- 158-95-2526h-8 Oil Horizontal Undrilled
06-12-2022 Williams Ti-stenbak- 158-95-2526h-9 Oil Horizontal Undrilled
06-12-2022 Williams Ti-stenbak- 158-95-2526h-10 Oil Horizontal Undrilled
06-12-2022 Williams Ti-stenbak-ln- 158-95-2526h-1 Oil Horizontal Undrilled
06-08-2022 Mountrail Rs-harstad-le- 155-91-0433h-1 Oil Horizontal Undrilled
06-08-2022 Mountrail Rs-harstad- 155-91-0433h-8 Oil Horizontal Undrilled
06-08-2022 Mountrail Rs-harstad- 155-91-0433h-7 Oil Horizontal Undrilled
06-08-2022 Mountrail Rs-harstad- 155-91-0433h-6 Oil Horizontal Undrilled
Whiting Petroleum Corp.
06-08-2022 Mountrail Bigfoot 42-26-2tfhu Oil Horizontal Undrilled
06-08-2022 Mountrail Bigfoot 42-26tfhu Oil Horizontal Undrilled
Grayson Mill Energy

  Bakken Shale & Three Forks - Drilling Activity (2016 - 2022 YTD)


 Bakken Shale & Three Forks - Well Completion Trend


Completions By
Company
2022(YTD)
Count
Marathon Oil Corp 20
Whiting Petroleum Corp. 15
Hess Corp 12
6
5
Completions By
County
2022(YTD)
Count
Dunn 20
Mountrail 16
Mckenzie 14
11
3

 Bakken Shale & Three Forks Map

 Bakken Shale & Three Forks Rig Data : June 29, 2022


Drilling Trends from May 4, 2011 - June 29, 2022

 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 $1,800
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $865
06/08/2022 Northern Oil and Gas, Inc. Not Disclosed Northern Oil Bolts On Williston Basin Assets for $170 Million in Cash $170
05/18/2022 Executive Network Partnering Corporation,Granite Ridge Resources Inc. Grey Rock Investment Partners Grey Rock, ENPC Ink $1.3B Business Combination; Form Granite Ridge Resources $1,300
02/08/2022 Whiting Petroleum Corp. Not Disclosed Whiting Ups Ante in the Bakken; Acquires Assets for $273 Million $273
01/20/2022 Evolution Petroleum Corp. Foundation Energy Management Llc Evolution Petroleum Acquires Bakken Assets in $25.9MM Deal $26
01/03/2022 Lime Rock Resources Abraxas Petroleum Corp. Abraxas Sells Williston Portfolio to Lime Rock for $87.2MM in Cash $87
10/11/2021 Northern Oil and Gas, Inc. Not Disclosed Northern Oil to Acquire Williston Basin Property for $154 Million $154
08/30/2021 Not Disclosed Enerplus Corp Enerplus Sells Interest in North Dakota/Montana Asset for $115MM $115
07/21/2021 Whiting Petroleum Corp. Not Disclosed Whiting Ups Ante in the Bakken; Acquires Asset for $271 Million $271
 

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