US energy giant ExxonMobil is considering divesting a portion of its assets in the Bakken shale formation in North Dakota, ...

By then, the hydraulic fracturing technique had advanced enough to be used profitably in the dense Bakken and Three Forks shale formations. As of February, the industry has extracted more than 5 ...

Hess reported strong financial performance in its latest earnings release, driven by production increases in key assets ...

Oil and gas producer Hess Corp's fourth-quarter profit surpassed Wall Street expectations on Wednesday, buoyed by higher production volumes in the United States and Guyana.

The Bakken will remain the most price sensitive of the three big shale oil plays but its incremental potential this year is second, maybe surpassing the 1.3 million b/d mark for total output.

Supported by a forward-thinking legislature that has prioritized energy research and development, we have made significant progress in advancing enhanced oil recovery in the Bakken shale and ...

Study: the Three Forks reservoir may hold some 250 million barrels of untapped crude. Study: developing these reserves would require the drilling of 600 more wells in the Three Forks play.

primarily in the Bakken shale play of North Dakota. The company was founded by Leon Hess in 1920 and is headquartered in New York, NY.

It holds key assets globally, with major operations in offshore Guyana and the onshore Bakken shale in North Dakota. Guyana stands out as a strategic growth area due to its prolific resource base ...