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WHTING AND OASIS ARE NOW ONE: Whiting and Oasis have closed their merger of equals, creating a company that now rivals Continental Resources in size and scale, at least in the Bakken. The new company holds 972,000 net acres and hasda combined first quarter production of 171,100 barrels of oil per day in what is an essentially debt free company.
Not only that, but its credit facility has been amended, giving it a bigger borrowing base, with lower borrowing cost. That positions the company well to acquire larger, juicier targets, something analysts have told the Williston Herald should be part of the new company's game plan.
The new company will be headquartered in Houston, and its new executive team is a combination of Whiting and Oasis personnel.  And with completion of the merger, the company also has a new name at long last: It's Chord Energy.
LABOR FORCE MATH NOT ADDING UP: Divide, McKenzie and Williams County jobs are up 32 percent, while the available labor force has declined 14 percent, according to Job Services ND's Williston office manager Paula Lankford. CDL jobs top the list of most wanted employees, with 213 openings — a 17 percent rise month over month, and an 8 percent increase year over year.
LEASE SALES FACE NEW SUIT: Green groups have filed a lawsuit challenging the resumption of oil and gas leasing on public lands, citing climate change. The suit was filed against Wyoming sales. We'll keep following the case, since the outcome could affect future oil and gas lease sales in the region, but the Dakotas, meanwhile, held their oil and gas lease sale, and Whiting was the top bidder.
BIDEN AND THE BAKKEN: North Dakota Petroleum Council was among trade industry groups writing to the President to urge him to visit domestic oil and gas producers ahead of his trip to Saudi Arabia. Energy should be made in America whenever possible, their letter staets, particularly given that the sector employees something like 11 million Americans.
WAIT THAT'S NOT ALL : Keep scrolling down for an excellent editorial from Basin Safety Consulting's Jon Greiner. This week's rundown of energy matters is 100 percent free, including all linked articles thanks to Basin Safety Consulting. You can help keep oil and gas news free in the Bakken by recruiting a friend to sign up for this free newsletter today!
 As always, reach out if you've got more story ideas for me or you have feedback for me on this newsletter. I can be reached at rjean@willistonherald.com. I love hearing from you!
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The Safety Stinks (not really) seriesAn Honest Look at Safety's Role in the Industry
by Jonathon Greiner • Basin Safety Consulting
 First off let me clarify - safety does not stink. Still, many in our industry operate under the assumption that safety leaders are either working against them, or at best, are “just doing their job” to keep them safe. Our intentions aside, we have a long way to go until the majority of our workers see safety people as coaches and partners who are helping, not hindering their work. If you are or have been a safety professional, you’ve likely experienced feedback from others when you share about your job (not the most exciting party conversation, I promise). What does a safety person actually do? Ensuring employees go home safely everyday is probably the most efficient way to describe our role, but is that really what we do, and should that be the extent of it?
The average safety person has a variety of priorities. I’ve compiled the most common, in my editorial this week.
Read the rest of this excellent editorial online here.
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Williston Herald PO Box 1447, Williston, ND 58802-1447
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