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Basin Safety was founded in 2012 during the North Dakota oil boom. [4] Its original focus was safety training, but, gaining traction primarily through word of mouth, [6] it expanded its services to include on-site consultation and risk assessment, equipment sales and servicing, safety manual development, compliance management, and environmental programs.
In 2013, the company acquired 161,000 net acres in the Williston Basin for $1.5 billion. [3] In 2016, the company acquired 55,000 net acres and 226 gross operated drilling locations in the Williston Basin from SM Energy for $785 million. [4] In 2017, the company completed the corporate spin-off of its midstream operations.
Devon said Monday it had agreed to acquire the Williston Basin business of Houston-based, private equity-sponsored Grayson Mill Energy in a $5 billion transaction consisting of $3.25 billion of ...
The Parshall Oil Field is an oil field producing from the Bakken Formation and Three Forks Formation near the town of Parshall, in Mountrail County, North Dakota. The field is in the Williston Basin. The field was discovered in 2006 by Michael Johnson and sold the play to EOG Resources, which drilled, and now operates, most of the wells. [1]
The Bakken Shale - a vast formation underlying parts of North Dakota, Montana, and South Dakota - has taken the U.S. by storm. Counties in North Dakota that were previously as quiet as a graveyard ...
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