Tag Archives: Whiting Petroleum

Whiting Sees Lower Costs, Raises Production Guidance

Charlie Passut –  April 28, 2017- Natural Gas Intelligence Shale Daily “We don’t have any plans for further JVs in the Williston Basin,” Volker said. But he added that in the Niobrara Shale, “there are several parties who’ve contacted us and … Continue reading

Posted in Drilling | Tagged , , , , , , | Leave a comment

Shale Players are “Coring Up”

April 1, 2015 – In response to the drastically reduced price of oil, U.S. shale producers are “Coring up” said Tim Rezvan, Managing Director at Sterne Agee, speaking at the 2015 DUG Bakken and Niobrara conference today at the Colorado Convention … Continue reading

Posted in Drilling, Economy, Exploration, Production | Tagged , , , , , , , , , , | Leave a comment

Get Ready for Oil Deals: Shale Is Going on Sale

(Bloomberg) — A decision by Whiting Petroleum Corp., the largest producer in North Dakota’s Bakken shale basin, to put itself up for sale looks to be the first tremor in a potential wave of consolidation as $50-a-barrel prices undercut companies … Continue reading

Posted in Drilling, Environment, Exploration, Production | Tagged , , , , , , , , | Leave a comment

Whiting Wants Pieces Sold Off, Not The Whole Thing

BY CIARAN MCEVOY, INVESTOR’S BUSINESS DAILY, March 13, 2015 Whiting Petroleum (NYSE:WLL) reportedly is looking to sell off Texas pipeline assets and acreage in order to boost its balance sheet, weighed down by billions of dollars in debt. The Denver-based … Continue reading

Posted in Economy, Exploration | Tagged , , , , , | Leave a comment

First Casualties of Low Oil Price – Whiting Petroleum Offers Itself For Sale

Denver’s Whiting Petroleum begins search for a buyer Mar 9, 2015 – Staff – Denver Business Journal Denver’s Whiting Petroleum Corp. is looking for a buyer again, several years after it last tried that approach. The move comes three months … Continue reading

Posted in Drilling, Economy, Exploration | Tagged , , , , , | Leave a comment

Whiting Petroleum to run 3 rigs in Niobrara after 50% Capex reduction for 2015

February 26, 2015 – At the Q4 2014 Whiting Petroleum Corp. Earnings Conference Call, the company announced a Q4 2014 Production of 131,260 BOE/d Up 13% Over Q3 2014, Proved Reserves to a Record 780.3 MMBOE an Increase of 78% and a $2.0 Billion … Continue reading

Posted in Drilling, Exploration | Tagged , , , , , , , , , , , , | Leave a comment

Bakken in Full Development; Niobrara Hot for E&P, Whiting Exec Says

Richard Nemec – July 17, 2014 – NGIs Shale Daily Excerpt from Article: Even with its increased concentration in North Dakota, Whiting has what Williams called “an awful lot” of oil plays in the Niobrara. “We have outstanding oil saturation, … Continue reading

Posted in Drilling, Exploration, Geology | Tagged , , , , , , , , , | Leave a comment

Decline Curves of the Niobrara

Decline curves are essential in the oil business. They allow a company to assess how much oil could be pumped from a particular well in its lifetime, otherwise known as Estimated Ultimate Recovery or EUR. These statistics along with the … Continue reading

Posted in Drilling, Exploration, Production | Tagged , , , , , , , , , , , , , , , , , , , , | 1 Comment