mild, the discoveries provide further evidence of how regulators in the state have been slow to address the repercussions of the shale oil boom. Bakken producers include CLR , EOG , WLL , HES , KOG , OAS , NOG , EOX , MRO . 3 comments!
has fully embraced oil and gas drilling. Among drillers with a significant Oklahoma presence: CHK , CLR , APA , DVN , SD , EOG , MRO , OKE , OKS , GPOR , WPX , WMB , WPZ , LPI , CWEI , NFX , NGL , COG , WLL , NBL , MPO , PQ , XEC 1 comment!
PDC Energy ( PDCE ) said it’s sitting on huge leases in gas fields that aren’t worth drilling and Whiting Petroleum ( WLL ) CEO James Volker explained that oil sells for 3x more than the equivalent amount of natural gas. If natural gas is to be a
Whiting Petroleum ( WLL ) CEO Jim Volker says he is not concerned about access to large quantities ..... points in Chicago and throughout the Midwest were running low. Volker says WLL has plenty of access to the sand critical to the fracking process, and
expected lifetime of a Bakken well is 25-30 years. Participants are expected to spend ~$15B on drilling and completion of wells this year. Bakken producers include CLR , EOG , WLL , HES , KOG , OAS , NOG , EOX , MRO . Post your comment!
Report: Walt Disney Whiting Petroleum Economic Moat: None Business Risk: Average Price/Fair Value Ratio*: 0.63 Whiting WLL finds and produces oil and natural gas in the United States. Since becoming a public company in 2003, the firm has made several
By David White : The Bakken shale is one of the biggest oil fields in the US. Continental Resources ( CLR ) last estimated that there were 903B Boe in-place. At a 3.5% recovery rate, this would yield 32 billion boe. At a 5% recovery rate, it would yield 45 billion boe. Some of this is natural gas.
By Michael Filloon : Emerald Oil ( EOX ) has been transitioning from a non-operator to an operator. Although this is no easy feat, it has done it quickly and efficiently. It sold $113 million worth of non-operated properties and used this to purchase operated leaseholds. (click to enlarge) (Source:
By Michael Filloon : Abraxas ( AXAS ) continues to prove a small cap oil producer can grow market cap quickly based on quality well design. Back in August, I stated that Abraxas was turning the corner . This was based on the premise it would transition to an operator. It is up 30% since that call
its price target for Whiting Petroleum ( WLL +1.6% ) to $75 from $68, as improved ..... performance to recent wells completed with WLL 's new design with cemented liners and ..... Initially employed at Hidden Bench in Q3 2013, WLL has recorded a 50%-plus improvement in