Whiting sets 2021 capital program, plans to drill 24 net operated wells

    Jan. 6, 2021
    Whiting Petroleum Corp., Denver, expects capital expenditures of $240 million and production of 82,000-88,000 boe/d (48,000-52,000 b/d of oil) in 2021, holding production flat on an annual average, as compared to 2020 exit levels.

    Whiting Petroleum Corp., Denver, expects capital expenditures of $240 million and production of 82,000-88,000 boe/d (48,000-52,000 b/d of oil) in 2021, holding production flat on an annual average, as compared to 2020 exit levels.

    The company plans to drill 37 gross (24.0 net) operated wells; turn-in-line 56 gross (36.8 net) operated wells, including 39 gross (23.6 net) operated drilled uncompleted wells carried over from 2020.

    The company’s largest projects are in the Bakken and Three Forks plays in North Dakota and Montana and the Niobrara play in northeast Colorado.

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