Oasis Petroleum's Jared Iverson talks about the next 20 years in the Bakken
Wednesday, December 4, 2019

Oasis Petroleum was one of the first exploration and production companies to arrive at positive cash flow during the downturn, positioning it well for the new investor-driven emphasis on capital discipline in the oil and gas sector. 

Jared Iverson, general manager of operations for Oasis, talked about the company's future in the Bakken during a recent meeting of the Williston Basin Chapter of the American Petroleum Institute. 

The company is running two drilling rigs in the Williston Basin right now, Iverson said, and plans right now are to continue that in 2020, according to discussions in its third quarter earnings call.

The company has 414,000 net acres in Williston, which translates to about 1,385 wells it can drill.

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