Thursday, September 20, 2012

Bakken News Roundup - September 20, 2012

Active rig total - 184  list  down by 12 over the last four days read more
Permits issued 22  list  Divide County gets six (#23827 - #23832)  read more

Notable well...

#22868 - WHITING OIL AND GAS CORPORATION, PENNINGTON  21-3H, LOT3 3-152N-92W, MOUNTRAIL CO., 2373 BOPD, 1273 BWPD - BAKKEN

• Exxon Mobil Corp. reportedly has agreed to buy Denbury Resources Inc.'s Bakken assets for $1.6 billion in cash and interests in two oilfields. The deal would increase Exxon's Bakken acreage by 50%Read more

• From the Wall Street Journal..."Exxon’s $1.6 Billion Bakken Buy May Herald More Oil Deals"  Read more...

 From Bloomberg..."The price of oil from North Dakota and Canada has risen three times as fast as U.S. and global benchmarks this quarter as producers increased rail shipments to coastal refineries that have depended on higher-priced imports."  Read more...

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