Net Acreage in the Bakken by Producer -- Subject to Typographical Errors and Incorrect Data -- January 10, 2015

The following is probably the most inaccurate information on the Bakken I have knowingly posted. I haven't looked at very many corporate presentations in a long, long time. I assume the 4Q14 presentations coming out in the next few months will be very, very enlightening; hopefully the operators provide their Bakken acreage so I can correct the many, many errors in the spreadsheet below.

If you have correct numbers for any/all, feel free to let me know.

The first column of numbers was posted January 31, 2012. It was based on best information I had at the time and was taken from my "Snapshot" page. The disclaimer at the "Snapshot" page should also be noted: that page is irregularly updated and contains many, many errors. It is for my use only.

If the first column (of numbers) is blank, it means I did not include it in the 2012 post, but am including that operator in this posting for the first time.

The second column (of numbers) in the data below is taken from the same "Snapshot" page. If the second column is blank, it means a) I have no data to suggest any change from the first column; and/or b) there was a huge change, but I don't know what it was (Anschutz, Denbury Onshore are two good examples).

Huge changes in acreage are not always explained on my "Snapshot" page which is concerning (a good example is the huge change in XTO's acreage). 

This information is for my use only. Feel free to look at it but don't consider it at all accurate. As I get updated data in the 4Q14 presentations, I will update the "Snapshot" page.

At any given moment the amount of acreage owned/controlled by any one individual/company can change, simply because deals are being done "all the time" in the oil patch. Announced deals may or may not close.

"Non-material" changes might not be reported by publicly-owned companies; private companies do not have to reveal transactions.

Again, this information is for my use only. Do not make any financial, investment, relationship decisions based on this data. Consider it full of major and minor, trivial and non-trivial errors. If this information is at all important to you, go to a more reliable source, which would be almost anybody except Joe standing on a corner in Winslow, Arizona.

But it gives me an idea of who owns what in the Bakken. I tried to limit Bakken acreage to North Dakota, but some operators include Montana acreage, and some also include Canadian Bakken acreage. Of note, I believe KOG included some MT acreage which affects Whiting's Bakken acreage.

The spreadsheet is arranged in descending acreage based on the 2012 data. 

CLR	923,270	1,197,684
Hess	900,000	640,000
Whiting	680,137	868,000
EOG	580,000	580,000
COP	460,000	620,000
XTO (XOM)	410,000	600,000
MRO	391,000	370,000
Statoil (BEXP)	375,800	378,000
CHK	320,000	427,000
Oasis	307,430	505,960
Denbury	266,000
ERF	215,000	215,000
SM	204,000	159,000
OXY USA	200,000	335,000
Breitling	200,000	200,000
NOG	160,000	185,000
KOG	155,000	0
Newfield	140,000	100,000
Baytex	126,400	76,000
Ursa	110,000
Slawson Expl		100,000
MDU (Fidelity)	95,000	124,000
QEP	89,000	117,600
Williams	85,800
Triangle	83,500	190,450
Magnum	78,000	97,000
Emerald		68,800
Sequel	65,000
Halcon (GEOI)	46,000	131,000
Spotted Hawk		39,090
GMXR	35,524	34,918
Resolute	33,415
VOG	32,000	0
USEG	25,200
Renegade	23,673
Slawson Energy		2,300
Abraxas	20,853	18,290
Amer Eagle		46,800
Unit	12,750
LINN	11,193	17,000
Mountainview	11,000	36,000
Williston Expl		10,000
Open Range	7,700
CREDO	6,000
Surge	6,000
Samson O&G	3,033
Anschutz
Samson Res