Marathon Oil to spend $2.2 billion on shale resources in 2017

Marathon Oil's $2.2 billion capital program for 2017 will focus on its U.S. shale resources in the Permian and the Bakken. The company will focus on retaining leases in Oklahoma's STACK and SCOOP plays and plans activity in the Eagle Ford.
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Strong second half in 2016 transformed Diamondback Energy

Texas producer Diamondback Energy used a strong second half in 2016 to boost production 40 percent, set company records for well completions and acquire new acreage in a $2.4 billion deal. The acquisition more than doubles its Tier 1 acreage.
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Whiting’s production gains now the norm, not a geologic exception

Production gains for Whiting Petroleum Corp.'s Williston Basin wells are related to enhanced completion technology, not acreage high grading or region-specific geology. Since 2014, Whiting's wells have had an increased average daily production of 84%
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ND takes action to close Dakota Access protest camp

Many of the Dakota Access Pipeline protesters remaining in south central North Dakota left ahead of a deadline set the U.S. Army Corps of Engineers to evacuate the main camp by Wednesday afternoon. Most left peacefully while some set fires.
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Cimarex shares 56 percent spending increase, sand placement plans

Cimarex Energy Co. will spend 56 percent more on exploration and development this year than the operator heavily focused on West Texas and Oklahoma did in 2016 based on better oil prices and increased fracture know-how.
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Encana finding ways to utilize multi-shale-basin knowledge

With the continued increase in North American shale activity, some exploration and production companies are experiencing higher charges for service costs. Encana Corp., a multi-basin producer, is not.
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Industry Events

2017 Williston Basin Petroleum Conference

May 2-4, 2017
Evraz Place
Regina, Saskatchewan

The Bakken Conference & Expo

July 17-19, 2017
Bismarck Event Center
Bismarck, North Dakota

Summer NAPE

August 16-17, 2017
George R. Brown Convention Center
Houston, Texas





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