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The Williston Basin is a large intracratonic sedimentary basin in eastern Montana, western North Dakota, South Dakota, southern Saskatchewan, and south-western Manitoba that is known for its rich deposits of petroleum and potash. The basin is a geologic structural basin but not a topographic depression; it is transected by the Missouri River ...
Devon Energy (NYSE: DVN) recently completed the acquisition of assets in the Williston Basin (in the northern central U.S.) worth roughly $5 billion. ExxonMobil is a gigantic energy company ...
Devon said Monday it had agreed to acquire the Williston Basin business of Houston-based, private equity-sponsored Grayson Mill Energy in a $5 billion transaction consisting of $3.25 billion of ...
The Bakken Formation (/ ˈ b ɑː k ən / BAH-kən) is a rock unit from the Late Devonian to Early Mississippian age occupying about 200,000 square miles (520,000 km 2) of the subsurface of the Williston Basin, underlying parts of Montana, North Dakota, Saskatchewan and Manitoba. The formation was initially described by geologist J. W ...
All of the company's assets were in either the Williston Basin (42% of 2019 production) or the Permian Basin (58% of 2019 production). Of the company's total 2019 average production of 166.9 barrels of oil equivalent (1,021 GJ) per day, 62% was petroleum, 16% was natural gas liquids, and 22% was natural gas.
Devon Energy is buying Grayson Mill Energy's Williston Basin business in a cash-and-stock deal valued at $5 billion as consolidation in the oil and gas sector ramps up. Grayson Mill Energy, based ...
The Bakken Shale - a vast formation underlying parts of North Dakota, Montana, and South Dakota - has taken the U.S. by storm. Counties in North Dakota that were previously as quiet as a graveyard ...
Tundra Oil & Gas Ltd. is the largest oil producer in Manitoba, producing around 30,000 barrels of light crude oil per day. [13] With core properties on the Williston Basin in southwestern Manitoba and southeastern Saskatchewan, the company operates more than 95% of its production and owns approximately 3,500 wells and facilities.