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Whiting Petroleum’s Capex Plans for 2018

Keisha Bandz
Updated
Whiting Petroleum’s Capex Plans for 2018

Whiting Petroleum’s (WLL) 2018 capital expenditure forecast is $750.0 million, compared to its capex of $912.0 million in 2017. Around 80.0% of the company’s 2018 capex budget is expected to be spent in the Williston Basin, and 10.0% is expected to be spent on development activities in the Redtail region (DJ Basin). In the Williston Basin, the company plans to put on production 123 wells. The Williston Basin is home to the Bakken Shale—one of the biggest shale plays in the United States.

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