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Abraxas Readies Stranded Asset Sale Following Nonop Bakken Deal

2019-05-15 15:00:00| OGI

Abraxas Petroleum has embarked on becoming a Permian pure play with a core Delaware Basin position but may hold onto its Bakken asset after all, says CEO Bob Watson.

Tags: sale deal asset stranded

 

Marathon Oil Profit Boosted By Bakken, Permian Basin Operations

2019-05-02 14:45:31| OGI

Marathon Oil beat analysts' estimates for first-quarter profit, boosted by higher production and lower costs at its U.S. shale assets in the Bakken and Permian Basin regions.

Tags: operations oil profit basin

 
 

Bakken Producer Continental Resources Posts 15% Drop In Profit

2019-04-29 22:40:19| OGI

Top Bakken producer Continental Resources on April 29 reported a 15% fall in adjusted quarterly profit as weaker crude prices muted higher production.

Tags: resources posts drop profit

 

Bakken Shale: Back In The Saddle

2019-04-26 21:00:00| OGI

Stratas Advisors is shining a light on the Bakken Shale, the granddaddy of shale oil, in order to draw attention to new information that could shape the play in the near term.

Tags: back saddle shale bakken

 

Hess Posts Surprise Profit On Higher Bakken, Gulf Of Mexico Output

2019-04-25 14:15:30| OGI

The company said production from Bakken rose 17%  to 130,000 barrels of oil equivalent per day (boe/d), while output from its offshore GoM operations rose nearly 71% to 70,000 boe/d.

Tags: posts higher mexico output

 

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