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Higher Bakken Output Helps Hess Post Smaller Loss, Raise Production View

2019-10-30 15:14:43| OGI

Production from Bakken rose 38% to 163,000 barrels of oil equivalent per day (boe/d) in the quarter, helping net production, excluding Libya, rise about 4% to 290,000 boe/d.

Tags: view post production higher

 

QEP Resources Chops Expenses, Costs In Permian Basin, Bakken

2019-10-24 21:33:19| OGI

The company reported this week earnings of $81 million, up from $7.3 million in the same quarter last year, and record Permian production.

Tags: resources costs expenses basin

 
 

Marketed: Bakken Shale Package, McKenzie County, North Dakota

2019-09-24 14:25:25| OGI

Little Raven Oil & Gas retained EnergyNet for the sale of a package of Bakken Shale assets located in McKenzie County, N.D., through an auction closing Oct. 8.

Tags: north county package dakota

 

Marketed: REI Bakken Package, Mountrail County, North Dakota

2019-09-13 17:05:49| OGI

Affiliates of REI Energy retained EnergyNet for the sale of a Bakken Shale well package located in Mountrail County, N.D., through an auction closing Sept. 25.

Tags: north county package dakota

 

Oil, Gas Majors Sign Deal To Implement Blockchain In Bakken Oil Field

2019-09-10 16:54:04| OGI

A group of oil and gas companies has agreed on Sept. 10 to begin testing blockchain, a technology at the heart of digital currencies, in a bid to lower administrative costs in their field operations while also reducing payment disputes and chances for fraud.

Tags: sign field deal gas

 

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