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The Bakken Shale is being drilled by some of the best energy companies in the USA.
While the Bakken Shale Formation is still young, stocks of these companies will rise if oil prices are high and they show
positive oil well results. Below is a list of Bakken Shale Stocks and the latest operational updates.
Whiting Petroleum WLL - Whiting is very active in the Bakken Formation and the Sanish Field, Three Forks zone. Parshall Field. Immediately east of
the Sanish field is the Parshall field, where we own interests in 73,760 gross acres (18,315 net acres). Our net production
from the Parshall field averaged 6,675 BOE per day in December 2008, a 345% increase from 1,500 BOE per day in December 2007.
As of February 13, 2009, we have participated in 97 Bakken wells, the majority of which are operated by EOG Resources, Inc.,
of which 86 are producing, seven are in the process of completion and four are drilling. Of these wells, 64 were completed
in 2008. Whiting intends to participate in the drilling of an additional 18 wells in the Parshall field during 2009, with
an average working interest of about 17%. More......
Newfield Exploration NFX - ( from seeking alpha ) - As far as the Bakken goes, we currently got a single rig program running that we anticipate running all year. The Bakken program is split between the Bakken itself and the Sanish/3 Forks section and the program is kind of evolving as we go. We continue to build an acreage position up there and we've actually
seen oil differentials improve in recent weeks. You know, it had been anywhere in the $12 million to $15 million or so, or
$12 to $15 million a barrel and that is narrowed to $7 or $8 bucks here lately. As far as well results, we just brought on
a new Sanish/3 Forks well that was in excess of thousand barrels equivalent a day and the Bakken wells continue to be above what I would consider the industry average.
More
Full List of stocks - http://oilshalegas.com/bakkenshale.html
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