Whiting moves $500M in Bakken assets to pay down debt

Whiting Petroleum Corp. is committed to paying down debt. The Denver-based exploration and production company announced this week plans to sell nearly 30,000 acres of Bakken/Three Forks acreage for $500 million.

Carrizo narrows focus to Delaware, Eagle Ford

Carrizo Oil and Gas has operated in 14 states and completed more than 800 horizontal wells. Following the acquisition of Delaware Basin acreage, the exploration and production company has set its sights on two plays, the Permian and Eagle Ford.

Fluid management firm Goodnight Midstream enters third shale play

Goodnight Midstream has expanded its network of water fluids operations to another shale play. After success in the Bakken followed by the Permian, the Dallas-based company has established a presence in the Eagle Ford.

Industry groups oppose shutdown of Dakota Access Pipeline

Five industry groups are urging a federal judge to allow the Dakota Access Pipeline to continue operating while legal matters are being resolved. Stopping the oil flow would not only hurt North Dakota, but also have negative impacts across the U.S.

Bakken, STACK drive Continental’s second quarter production

Optimized well completions in the Bakken and STACK shale plays are expected to boost Continental Resources' production up to 31 percent by year's end. The company has already reached a production milestone of 250,000 barrels of oil per day.

3Bear Energy announces Delaware gathering, processing system

Denver-based 3Bear Energy announced plans for a new gathering and processing system in the northern Delaware Basin of New Mexico. The facilities will include a gas processing plant and a crude terminal. It's expected to be operational in early 2018.

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Industry Events

Summer NAPE

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

DUG Eagle Ford

August 29-31, 2017
Henry B. Gonzalez Convention Center
San Antonio, Texas

DUG Midcontinent Conference and Exhibition

September 19-21, 2017
Cox Convention Center
Oklahoma City, Oklahoma


October 3-5, 2017
Houston Marriott Westchase
Houston, Texas

Executive Oil Conference and Exhibition

November 6-7, 2017
Midland County Horseshoe Arena & Pavilion
Midland, Texas

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