North Dakota operators could see a boost in valuations going into driving season. We continued to see improved production per well. Costs shoud decrease with improved logistics with the start of the DAPL. Breakevens should continue to improve, especially for the operators below:
Name
Well Count
CUM Gas (NYSEMKT:MCF)
CUM Oil (NYSE:BBL)
CUM Water
HESS (NYSE:HES)
65
9,429,215
5,335,798
2,560,956
XTO ENERGY INC.
60
7,155,134
4,204,515
3,362,865
BURLINGTON RESOURCES
24
2,322,301
2,225,848
1,219,159
SM ENERGY CO (NYSE:SM)
23
1,453,508
1,245,981
2,331,071
Statoil Oil & Gas LP (NYSE:STO)
22
3,221,719
1,962,554
1,762,885
QEP ENERGY (NYSE:QEP)
20
3,582,825
1,969,575
2,238,905
OASIS PETROLEUM (NYSE:OAS)
17
3,030,089
2,029,745
3,831,637
EOG RESOURCES (NYSE:EOG)
16
1,257,113
1,956,189
1,748,355
ENERPLUS (NYSE:ERF)
15
1,974,533
1,987,065
1,455,869
MARATHON OIL (NYSE:MRO)
13
2,175,320
1,770,594
1,163,321
NEWFIELD (NYSE:NFX)
12
3,380,270
1,445,806
425,480
WHITING (NYSE:WLL)
12
2,302,302
1,464,559
2,118,686
PETRO-HUNT, L.L.C.
9
617,259
614,834
738,119
WPX ENERGY (NYSE:WPX)
8
1,350,744
1,469,854
1,112,585
LIBERTY RESOURCES
7
1,111,318
631,949
1,300,810
ABRAXAS (NASDAQ:AXAS)
6
1,144,111
495,755
431,719
HRC OPERATING (NYSE:HK)
6
1,318,492
848,139
772,518
CONTINENTAL (NYSE:CLR)
5
309,226
220,400
415,040
CRESCENT POINT
4
143,652
335,176
321,596
SLAWSON
3
178,478
235,221
146,870
Total
347
47,457,609
32,449,557
29,458,446