News

It is truly remarkable how quickly the concept of high-density development in the Bakken – on tight spacing, in multiple stacked horizons, and using new-generation super-intensive fracs – has gone from a futuristic theory to actual reality. It has been just one year since Continental Res...

Michael Filloon wrote one of the most interesting, insightful articles ever on Seeking Alpha recently. In the article, he explains how EOG (NYSE:EOG) has pioneered an approach to fracking that yields substantially higher initial production rates and may also lead to higher expected ultimate recoveri...

On August 2nd, I covered U.S. Silica’s (NYSE:SLCA) earnings miss and how that will affect its long-term prospects. This was a great buying opportunity, as the stock has been on a tear. It is up almost 50% in that short time. Current valuations are stretched and recommend letting SLCA pulling b...

OXY USA submitted an application with the North Dakota Industrial Commission in September seeking approval to drill up to seven horizontal wells in each of seven contiguous 1,280-acre standup spacing units in the Crooked Creek field in western Dunn County. Three of the wells on each unit will target...

The U.S. economy is slowly expanding, and ready supplies of oil, along with the continuation of the easy money policy kept in place by the Federal Reserve last Wednesday, are going to be integral to the recovery process that finance institutions worldwide acknowledge is ongoing. The major focus of A...

Back in March, I wrote the article KOG: New Completion Procedure Could Yield Much Improved Results. The article discussed how Kodiak Oil & Gas (NYSE:KOG) was implementing array fracking completion techniques in the Polar and Smokey pilot test programs. It’s now time to take a look at the P...

Oil production coming out of the Bakken was closing in on 800,000 barrels of oil per day as of this past March. This has some speculating that the play’s production might be able to top more than a million barrels of oil per day before the year is out. Let’s take a look at some […...

It’s hard to argue the fact that Bakken Shale has become a game-changer for U.S. oil production. While it was discovered in the 1950s the play wasn’t economically viable until more recently. Since producers began developing the play in earnest, it has produced some truly incredible numbe...

Newfield Exploration Co. (NFX), a Texas-based exploration and production firm, has issued a new year-over-year production growth estimate for its Williston Basin production assets. “Our Williston team is executing extremely well,” said Gary Packer, vice president and chief operating officer of t...

I recently reported that Brigham’s (STO) well design was one of the best in the Bakken. At one point, Brigham had nine of the top ten IP rates in the Williston Basin. This was the case until Newfield (NFX) provided some very good numbers of its own. Newfield has done this with a well design [&...