Whiting Petroleum Corporation is one of the largest independent exploration and production companies in the USA with an oil focused asset base. We control one of the largest acreage positions in the Bakken/Three Forks resource play in the Williston Basin of North Dakota and Montana with 445,921 net acres in the oil productive sweet spots of the basin encompassing approximately 5,530 potential gross drilling locations. From the Bakken and Three Forks resource play we have consistently been a top oil producer in North Dakota and across the Williston Basin. In the new and large oil prone sweet spot of the eastern DJ Basin of Colorado, we have 131,185 net acres. Similar to our Bakken and Three Forks acreage position, we are rapidly growing our Niobrara A, B, C and Codell interval production and have an estimated 6,218 potential gross drilling locations in these zones.
Whiting Petroleum Corporation is an independent exploration and production company with an oil focused asset base. We are a top crude oil producer in North Dakota and operate substantial assets in northern Colorado and Texas. Headquartered in Denver, Colorado we lead the industry with our competitive assets, dedication to technology and record setting results. Whiting is a competitive company, with a strong plan for the future. Whiting Petroleum Corporation is a Denver-based independent oil and gas company that acquires, exploits, develops and explores for crude oil, natural gas and natural gas liquids primarily in the Rocky Mountain and Permian Basin regions of the United States.We are focused primarily on organic drilling activity, both on grassroots oil plays and on the development of previously acquired properties, and specifically on projects that we believe provide the opportunity for repeatable success and meaningful production growth.
History
Whiting Petroleum Corporation was founded in January, 1980 in Denver, Colorado by Kenneth R. Whiting, with co-founder Bert Ladd. Mr. Whiting served as President and Chief Executive Officer until 1993. In 1983, the company merged with Keba Oil & Gas and Hingeline-Overthrust to become a public company.
In 1992, Alliant Energy, a Midwest public utility, acquired Whiting Petroleum Corporation for $27.5 million. In November, 2003, Whiting again became a public company when our IPO was completed at $7.75 per split share.
Since our founding, we have been an independent oil and gas company that acquires, exploits, develops and explores for crude oil, natural gas and natural gas liquids, primarily in the Rocky Mountain States and the Permian Basin. Today Whiting is focused in the Rocky Mountain region of the United States.
Company Name | Whiting Petroleum Corporation |
Business Category | Oil & Gas |
Address | 1700 Broadway Suite 2300 Denver United States ZIP: 80290-2300 |
President | James J. Volker |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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