Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Top Powder River Basin Operators By Rig Count/Locations
(as of 10/01/2022)

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


Top Powder River Basin County By Rig Count/Locations
(as of 10/01/2022)

County Current Week Previous Week Change Change From Last Year
Subscribe to See 10 8 +2 +4
CAMPBELL 5 5 --- +2


 Powder River Basin Top Operators
(Undrilled-Permits)
Company    Last 12 Months
Ballard Petroleum Holdings    18
Continental Resources, Inc.    18
EOG Resources, Inc.    12
   12
   12
   9
   7
   6

   Drilling Permits Trends ( Last 24 Months)


  Powder River Basin - Drilling Activity (2016 - 2022 YTD)


 Powder River Basin - Well Completion Trend


Completions By
Company
2022(YTD)
Count
Anschutz Exploration Corporation 29
EOG Resources, Inc. 19
Continental Resources, Inc. 7
4
2
Completions By
County
2022(YTD)
Count
Converse 46
Campbell 14
Johnson 1

 Powder River Basin Rig Data : October 1, 2022


Drilling Trends from May 4, 2011 - October 1, 2022

 Powder River Basin Overview



Where is the Powder River Basin?

Located in southeast Montana and northwest Wyoming, the Powder River Basin is a region known for its rich coalbed methane potential - which currently supplies approximately 40% of the United States' coal. While overall coal interest has been in decline, the Powder River Basin remains a relatively active target for certain operators.

While the Powder River Basin is unified geologically, residents of areas distant from the Powder River proper do not think of themselves as living in a single geographic region. For example, residents…


Latest Midstream Projects

Project Name Completion date Capacity (MBOPD)
Iron Horse Pipeline   - -
Total   -
  Click Here to More Projects

  Powder River Basin - Mergers & Acquisition

Announce Date Buyer Seller Title Value $MM
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $450
Subscribe to See Subscribe to See Subscribe to See Subscribe to See $215
11/30/2020 Contango Oil & Gas Co. Not Disclosed Contango to Acquire Oily Assets in Big Horn, PRB, Permian Basins $58
02/07/2019 Kimbell Royalty Partners LP Encap Investments Kimbell Picks Up Multi-Play Assets from EnCap in $151MM Deal $151
10/26/2018 Vermilion Energy Inc. Massif Oil & Gas Vermilion Acquires Powder River Property for $186 Million $186
10/17/2018 Cuda Oil & Gas Not Disclosed Cuda Bulks Up in the Powder River Basin; Acquires Non-Op Property ---
08/27/2018 Rebellion Energy, LLC Liberty Resources II LLC Rebellion Energy Acquires Powder River Basin Assets for $100MM $100
07/10/2018 Mid-Con Energy Partners Lp Not Disclosed Mid-Con Inks Deal for Powder River Basin Property $1
06/11/2018 Junex Inc.,Cuda Oil & Gas Not Disclosed Cuda Energy, Junex Acquire Powder River Basin Asset $37
05/09/2018 Not Disclosed Samson Resources II LLC Samson Resources II Sells/Swaps Powder River Basin Property $44
 

  Powder River Basin Transactions By Quarter ($MM)