Last week, Exxon Mobil Corp. and Denbury Resources signed an agreement that saw the companies swap assets. Exxon increases its production acreage in the Bakken Shale and Denbury increases its CO2 enhanced oil recovery efforts.

On September 21, US Energy Corp. agreed to purchase a Bakken and Three Forks asset package from an undisclosed seller for $2.5 million.

Wood Group has agreed to acquire Mitchell's Oil Field Services Inc., a provider of maintenance, installation and fabrication services in the oil-rich Bakken shale region for $135 million.

Vision Oil Tools LLC, an OFS Energy Fund portfolio company that provides oilfield rental tool and fishing services to oil and gas operations, has agreed to acquire Piceance Fishing & Rental Inc., a Western Colorado-based provider of oilfield tools and fishing services for drilling, completion and well control applications.

Exxon Mobil Corp. has signed an agreement with Denbury Resources that increases its production acreage in the Bakken Shale and allows Denbury to increase its CO2 enhanced oil recovery efforts.

Wallace International LLC, a Dallas-based petroleum-services consulting firm, has expanded its unconventional reservoir petrophysical evaluation program to include flow unit and geo-mechanical brittleness assessments.

In June 2012 Bakken oil production reached 660 Mb/d with 0.7 Bcf/d of associated natural gas. A third of that associated gas was flared at the wellhead. There are sound environmental and economic reasons why flaring occurs. In other states like Texas the percentage of flaring is tiny (0.5%). The answer to flaring is better infrastructure but huge investments in North Dakota could still not be enough to eliminate flaring. RBN Energy's Sandy Fielden sheds new light on the issue.

QEP Energy, a wholly owned subsidiary of QEP Resources Inc. has entered into two definitive agreements with multiple sellers to acquire significant crude oil development properties in the Williston Basin for $1.38 billion, cash.

Continental Resources Inc. is planning a $700 million senior notes offering in addition to updating its plans for Wheatland Oil assets in the Bakken. 

Despite weaker well results than those in the prolific Bakken Shale play, shallower wells and cheaper drilling costs are boosting economics and driving increased industry interest in the Mississippian Oil Play, according to a new report from IHS.

The Bakken shale play in North Dakota, Montana, and the Canadian provinces of Saskatchewan and Manitoba is one of the largest oil resources in North America.

The Niobrara geologic formation is an oil play in northeastern Colorado and parts of adjacent Wyoming, Nebraska, and Kansas.

Technology typically used for drilling and completing wells in shale formations has created a resurgence of interest in a non-shale play, the Mississippi Lime in northern Oklahoma and southern Kansas.

Whiting Petroleum Corp., one of the largest acreage holders in North Dakota’s Bakken Shale, shaved nearly $2 million off the cost of its Bakken wells in the second quarter of 2012.