Kodiak Oil & Gas has provided a Vermillion Basin production update and announced the pending completion of rig mobilization in its Bakken ... that its Horseshoe Basin Unit well, HSB #5-3 (non ...

The decline in Bakken oil production that started in January 2015 is probably not reversible. New well performance has deteriorated, gas-oil ratios have increased and water cuts are rising.

In March, the Dallas Fed Energy Survey put the average breakeven price to profitably drill a new well in the Bakken at $50, with the $40-60 range of responses easily the tightest of the group.

Note that most Bakken operators have been able to drive down well costs over the past couple of years. For example, Continental’s 2012 average Bakken well cost was ~$9.2 million. This shrank to ...

NPV10 breakeven oil price determined for top ten Bakken Producers in 2014, for 2014 wells. Discounted cash flow models were generated by the author on a single well basis, for the North Dakota (ND ...

DeeThree Exploration Ltd. (DTX.TO) today announced the results of its fifth horizontal Bakken well on its Lethbridge property. DeeThree is very pleased with the results of its Bakken exploration ...

Whiting Petroleum Corp said its leaking well in the Bakken shale was flowing about 120-168 barrels of oil per day, down 75 percent from its initial flow rate, two days after a valve failure.