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

Bakken Shale & Three Forks Rig Count
(as of 11/23/2020)

  Count Change From
Previous Week
Change From
Previous Year
Confidential Count 1 No change 1
Oil Count 10 No change -40
Oil & Gas Count -1 No change

Top Bakken Shale & Three Forks Operators By Rig Count/Locations
(as of 11/23/2020)

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


Top Bakken Shale & Three Forks County By Rig Count/Locations
(as of 11/23/2020)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 4 3 +1 -13
DUNN 3 4 -1 -8
Subscribe to See 3 2 +1 -10
Subscribe to See 1 1 --- -7


 Bakken Shale & Three Forks Top Operators
(Undrilled-Permits)
Company    Last 12 Months
Continental Resources, Inc.    75
ConocoPhillips    67
Marathon Oil Corp    54
   42
   42
   35
   34
   28

   Drilling Permits Trends ( Last 24 Months)


Bakken Shale & Three Forks - Drilling Permits ( October 24, 2020 - November 23, 2020)
Date Approved county Well Name Well type Well Bore Type Field/Zone Well Status
Enerplus Corp
11-14-2020 Mckenzie Waffle 151-94-16a-21h Oil Horizontal Antelope / Sanish Test Undrilled
11-14-2020 Mckenzie Sausage 151-94-16b-21h Oil Horizontal Antelope / Sanish Test Undrilled
11-14-2020 Mckenzie Pancake 151-94-16b-21h Oil Horizontal Antelope / Sanish Test Undrilled
11-14-2020 Mckenzie Omelet 151-94-16b-21h Oil Horizontal Antelope / Sanish Test Undrilled
11-14-2020 Mckenzie Ham 151-94-16b-21h Oil Horizontal Antelope / Sanish Test Undrilled
11-14-2020 Mckenzie Bacon 151-94-16b-21h Oil Horizontal Antelope / Sanish Test Undrilled
Petroshale Inc.
11-10-2020 Dunn Helen 2mbh Oil Horizontal Eagle Nest / X Test Undrilled
11-10-2020 Dunn Helen 1tfh Oil Horizontal Eagle Nest / X Test Undrilled
Kraken Oil & Gas II LLC
11-05-2020 Richland Altuve 26-23 #1h Oil Horizontal Wildcat Richland / Bakken Test Undrilled
11-05-2020 Richland Altuve 26-23 #2h Oil Horizontal Wildcat Richland / Bakken Test Undrilled

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


 Bakken Shale & Three Forks - Well Completion Trend


Completions By
Company
2019(YTD)
Count
Hess Corp 232
Continental Resources, Inc. 185
Whiting Petroleum Corp. 175
133
115
Completions By
County
2019(YTD)
Count
Mckenzie 576
Williams 340
Mountrail 334
277
23

 Bakken Shale & Three Forks Map

 Bakken Shale & Three Forks Rig Data : November 23, 2020


Drilling Trends from May 4, 2011 - November 23, 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)