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Whiting Petroleum

    February 21, 2017
    Floorhands work through cold temperatures and whipping winds on the floor of Whiting Petroleum Corp. oil drilling rig southwest of Belfield, N.D., on Monday, April 22, 2013. Forum News Service file photo
    Whiting Petroleum nearly doubles its capital spending budget
    Whiting Petroleum Corp., North Dakota's largest oil producer, nearly doubled its 2017 budget for capital spending as crude prices stabilize following...
    NewsFebruary 21, 2017 - 4:14pm
    July 27, 2016
    Whiting Petroleum quarterly loss increases on weak oil price
    Whiting Petroleum Corp., North Dakota's largest oil producer, posted a worse-than-expected quarterly loss on Wednesday as production fell and crude prices dropped. The weak results reflect the broad uncertainty affecting the oil industry as depressed prices erode profitability. Whiting...
    Energy/oilJuly 27, 2016 - 5:21pm
    May 26, 2016
    North Dakota Department of Mineral Resources Director Lynn Helms speaks on May 25, at the Williston Basin Petroleum Conference in Bismarck. (Renae Mitchell Photography)
    Unfinished wells remain the wild card for ND
    BISMARCK – While greeting oil industry leaders Wednesday, North Dakota’s governor passed along a request from his budget director: “Right...
    Energy/oilMay 26, 2016 - 5:29pm
    March 10, 2016
    Whiting Petroleum sees more than $1 billion in credit line cuts
    DENVER -- Whiting Petroleum Corp. expects its credit line to be cut by more than $1 billion in an early May loan review, CEO Jim Volker said on Thursday, the latest industry fallout from low oil prices crimping margins and fueling massive spending cuts. The semi-annual review of...
    Energy/oilMarch 10, 2016 - 2:40pm
    February 24, 2016
    Whiting Petroleum posts nearly $100 million quarterly loss
    Whiting Petroleum Corp, North Dakota's largest oil producer, slashed its 2016 budget by 80 percent on Wednesday, saying it will suspend all fracking operations and reduce output to wait for higher crude prices . Shares jumped 7.7 percent to $4 per share in after-hours trading as investors...
    Energy/BakkenFebruary 24, 2016 - 5:11pm
    July 30, 2015
    Oil companies slash spending, jobs as prices slide for second time
    HOUSTON -- The stark reality of a much-feared second dip in crude prices is prompting global oil majors and nimble U.S. shale companies alike to ax spending once again a year after the first price crash started. Just days into the second-quarter earnings season, Chevron and Royal...
    Energy/oilJuly 30, 2015 - 5:26pm
    April 21, 2015
    A flare fire from a Whiting Petroleum well started at this location northeast of Keene on April 14. The company is working with the U.S. Forest Service and ranchers to repair damages and make up for potentially lost grazing on the federal pastures burned in the blaze. (Lauren Donovan/Bismarck Tribune)
    Whiting Petroleum works to mitigate fire losses
    RURAL KEENE, N.D. — Thousands of acres of scorched earth northwest of Keene are evidence of how quickly an oil well flare fire can damage ranch...
    Energy/oilApril 21, 2015 - 7:40pm
    April 15, 2015
    A grass fire on Tuesday damaged an estimated 2,500 to 3,000 acres in in McKenzie County, N.D. Local officials now say a gas flare likely caused the fire. (Photo courtesy of McKenzie County Emergency Management)
    Gas flare suspected as cause of McKenzie County fire
    KEENE, N.D. – Local officials point to a natural gas flare as the likely cause of a grass fire that scorched about 3,000 acres in McKenzie...
    News/North DakotaApril 15, 2015 - 8:23pm
    March 27, 2015
    An oil derrick is seen at a fracking site for extracting oil outside of Williston, N.D., in this file photo taken March 11, 2013. (Shannon Stapleton/REUTERS/Files)
    Hi-tech and Big Data offer hope to battered U.S. oil industry
    WILLISTON, N.D. - The tech geeks are coming to the oil industry's rescue. With the price of crude plumbing lows not seen since 2009, Royal...
    Energy/oilMarch 27, 2015 - 7:49pm
    March 23, 2015
    Whiting Petroleum to offer 35M shares to reduce debt
    WILLISTON, N.D. - Whiting Petroleum Corp , the largest North Dakota oil producer, said on Monday it would sell 35 million shares of common stock to help pare debt from its December buyout of rival Kodiak Oil & Gas. The offering, as well as a $1.75 billion debt issuance, may...
    Energy/oilMarch 23, 2015 - 7:03pm
    March 26, 2014
    Lawsuit filed in drilling rig death
    The father of a man killed in a drilling rig incident last year in McKenzie County last year has filed a lawsuit against the owners of the rig and the well site. Randall Winter of Kalispell, Mont., filed the lawsuit Monday in U.S. District Court in Montana on Monday against Pioneer...
    Energy/BakkenMarch 26, 2014 - 3:46pm
    March 25, 2014
    Submitted Photo Authorities responded to a rig explosion on Tuesday northeast of Watford City that injured one man.
    Up in flames: Officials investigating oil rig fire near Watford City
    WATFORD CITY – Inspectors are investigating a drilling rig fire that occurred near here Tuesday afternoon that resulted in one worker’s injury,...
    Energy/BakkenMarch 25, 2014 - 11:11pm
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