| Brigham Exploration Company 6300 Bridge Point Parkway Building 2 Ste 500 Austin, TX 78730 512-427-3300 |
Brigham Exploration Company is an independent exploration, development and production company that utilizes 3-D seismic imaging and other advanced technologies to systematically explore for and develop domestic onshore oil and natural gas reserves. The company focuses its exploration and development activities where it believes technology and knowledge of its staff can effectively maximize its return on invested capital by reducing risk and enhancing its ability to grow reserves and production volumes. Brigham’s exploration and development activities are currently focused in four provinces: Onshore Gulf Coast, Anadarko Basin, Rocky Mountains and West Texas.
Brigham regularly evaluates opportunities for expansion to other areas that offer attractive exploration and development potential, particularly in areas that complement its current exploration, development and production activities. This strategy has allowed Brigham to gain significant acreage positions in the Williston and Powder River Basins. Brigham considers its three new joint ventures in Louisiana as logical extensions of its prospect generating activities in the onshore Texas Gulf Coast.
Over $7B will be spent for hydraulic fracturing in the BakkenUS. energy investors have been enamored with growing crude and liquids-rich plays with increased drilling and development going forward in both the US and Canada. However, the advent of widespread use of hydraulic fracturing has resulted in great strides for oil completions in the Bakken Shale of North Dakota and Montana. |
Oil money pouring into the Eagle Ford shaleA new analysis by Evaluate Energy highlights the large differences in drilling costs between various companies operating in North American shale plays. |
Fracturing and completion expertise boosts Liberty Resources in BakkenAN INTERVIEW WITH LIBERTY RESOURCES |
Bakken, Barnett assets take center stage this monthNorway's Statoil leads the pack of largest deals of the 30-day period from mid-October to mid-November. |
Companies operating in the Bakken profiting from high crude oil prices
The Bakken Shale play in North Dakota, Montana, and neighboring Canadian provinces is primarily an oil play.
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Brigham Exploration accelerating Bakken program |
Brigham Exploration scores record North Dakota and Montana Bakken shale completionsAustin, Tex.-based Brigham Exploration Co. (NASDAQ: BEXP) said April 13 that its Sorenson 29-32 #2H Bakken well produced a North Dakota Bakken record 5,330 barrels of oil equivalent during its early 24-hour peak flow-back period. |
Hess capex includes Tioga plant expansion
New York-based Hess Corporation announced its 2011 capital and exploratory budget of $5.6 billion on Jan. 7, nearly all of which is targeted for exploration and production: $3.1 billion for production, $1.6 billion for developments, and $900 million for exploration.
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