The Williston Basin | October 2022
The Williston Basin is a large sedimentary basin along the eastern edge of the Rocky Mountains in western North Dakota, eastern Montana, and southern Saskatchewan, Can. The basin is characterized by thick sequences of sediments that underlie an area of about 110,000 square miles, and it is geologically closely related to the Alberta Basin in Canada. The first wells in the Williston were drilled in the 1936, and by 1954, 80% of possible producing acreage had been leased.
State Drilling Statistics
Active Drilling Rigs in Basin – 42 (+2)
Total Rigs in North Dakota – 38 (-)
Total Rigs in United States- 784 (+15)
Total U.S. Rigs 37% YTD
Williston Top Producer
Top Producer – Continental Resources
The Dakota Access Pipeline (DAPL) that has been moving crude oil from the Bakken to Illinois since 2017 continues to undergo a tremendous amount of protest from Native Americans and environmentalists of other ethnic backgrounds. The state government of North Dakota has made 761 arrests in the last six months alone. The state has contended that federal federal regulatory bodies have allowed for illegal protesting, which has necessitated the expenditure of many tens of millions of dollars from the North Dakota state treasury and North Dakota is attempting to pass those expenses on to the federal government.
Chord Energy, the entity that emerged from the recent $6 billion Oasis Petroleum and Whiting Petroleum merger that was completed earlier this year, has announced that they will be closing their long-held Denver office and laying off 104 employees. Many of the Denver employees have been offered jobs at other company locations. Whiting Petroleum had maintained an office in Denver since 1980. The company will maintain its headquarters in Houston, which will be a likely relocation destination for many of the staff now working in Denver
The Williston Chamber of Commerce recently held the “Women in Leadership” Expo. The panel included women from a number of industries and professional backgrounds, but oil and gas was among the best-represented industries. Participants expressed that the tradition of oilfield men leaving their families to go and work in North Dakota, transforming Williston into a “boomtown”, has largely dissipated and that the area has become a lot more women- and family-friendly. Dr. Audrey Kalil, a Plant Pathologist at the NDSU Research Extension Center, called upon women to run for more government positions.
|Rank||Company||September Production (MBO)|
North Dakota Oil Production
North Dakota Natural Gas
Click above to subscribe to the RARE
PETRO Podcast Network or visit
The information contained in this newsletter is provided by RARE
PETRO Engineering, PLLC via the following sources unless otherwise
RARE Petro Analytics