Brigham Exploration Company News

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Hamm Sees Potential for $6 Gasoline Under Biden Admin
Thursday, October 22, 2020The prediction hinges on a dramatic surge in crude oil prices.

Diamondback To Expand In Permian With $2.43B Acreage Buy
Thursday, December 15, 2016Diamondback Energy said it would pay $2.43 billion to buy acreage in Texas' Permian Basin.

Statoil, Brigham Make Additional Acquisition Filings
Wednesday, November 23, 2011Statoil and Brigham have decided to make voluntary filings with the U.S. CFIUS in connection with Statoil's previously announced acquisition of Brigham.

Statoil Bids High to Extend U.S. Footprint
Monday, October 17, 2011Statoil and Brigham have entered into a merger agreement for Statoil to acquire Brigham for approx. $4.4B.

Brigham Reaches Record Early Production at Three Forks Well
Friday, September 23, 2011Brigham announced that the Irgens 27-34 #2H Three Forks well produced approximately 2,906 barrels of oil equivalent during its early 24-hour peak flow back period, which represents a company record early production rate for a Three Forks well.

Brigham Notes Bakken Well's Early Peak Rate
Monday, June 27, 2011Brigham announced the successful completion of the Gobbs 17-8 #1H Montana Bakken well at an early 24-hour peak rate of approximately 1,818 barrels of oil equivalent.

Brigham's Williston Basin Drilling Activities on Schedule
Thursday, June 09, 2011Brigham announced that the acceleration of its activities in the Williston Basin remains on schedule after adding its eighth operated rig and plans to be at 10 operated rigs by July.

Brigham Accelerates Drilling Ops in Williston Basin
Monday, May 16, 2011Brigham announced that it is accelerating its pace of drilling operations in the Williston Basin and expects to be at 10 operated rigs by July 2011, which is approximately six months ahead of its previously announced schedule.

Brigham Exceeds Records at ND, Montana Bakken Wells
Wednesday, April 13, 2011"Our team continues to deliver outstanding operational results with record setting Bakken wells in North Dakota and Montana, commented Bud Brigham, the Chairman, President and CEO.

Brigham to Add 12 Operated Williston Basin Rigs; Updates Montana, ND Ops
Friday, February 25, 2011Brigham will begin its acceleration to 12 operated Williston Basin rigs in 2011. Brigham also announced micro-seismic monitoring and production results.

Brigham Reaches Record Quarterly Production Volumes
Friday, February 25, 2011Brigham announced record quarterly production volumes, revenues and operating income, excluding the impact of unrealized hedging losses.

Brigham Boosts Proved Reserves by 141% in 2010
Thursday, January 27, 2011Brigham announced that year-end 2010 proved reserves increased 141% to a record 66.8 million barrels of oil equivalent (Boe).

Brigham Spotlights 3 High Rate Bakken Completions
Tuesday, November 02, 2010Brigham announced the completion of three high rate Bakken wells, including the Clifford Bakke 26-35 #1H and the Abelmann 23-14 #1H at early 24-hour peak flow back rates of approximately 5,061 and 4,169 barrels of oil equivalent, respectively.

Brigham Reports Record Revenues in 3Q10
Monday, November 01, 2010Brigham announced record quarterly production volumes and reported record revenues and operating income, excluding the impact of unrealized hedging losses.

Three Forks Well Reaches Record Rate for Early Flow Back
Monday, October 04, 2010Brigham announced the completion of the State 36-1 #2H Three Forks well at an early 24-hour peak flow back rate of approximately 2,356 barrels of oil equivalent (1,872 barrels of oil and 2.91 MMcf).

Brigham Prices Senior Notes
Thursday, September 16, 2010Brigham has priced an offering of $300 million aggregate principal amount of its 8.75% senior notes due 2018.

Brigham Offers $250MM in Senior Notes
Monday, September 13, 2010Brigham Exploration has launched an offering for $250 million of senior notes due 2018.

Brigham Adds Acreage in Williston Basin, Updates Bakken Ops
Wednesday, August 04, 2010Brigham Exploration has expanded its acreage position in the Williston Basin by approximately 52,800 net acres.

Brigham Well Tests Flow Back Rates
Wednesday, May 26, 2010Brigham announced the completion of the Jack Cvancara 19-18 #1H and the Tjelde 29-32 #1H at early 24 hour peak flow back rates of 5,035 and 3,171 barrels of oil equivalent, respectively.

Brigham Prices Common Stock Shares
Thursday, April 08, 2010Brigham Exploration has priced its offering of 14,000,000 shares of common stock at a public offering price of $18 per share.

Brigham Accelerates Williston Basin Drilling Program
Tuesday, April 06, 2010Brigham Exploration anticipates increasing its operated rigs running in the Williston Basin from four to eight by May 2011 and drilling a total of roughly 76 net Bakken and Three Forks wells during 2010 and 2011.

Brigham Sets Production Record in Williston Basin
Monday, April 05, 2010Brigham Exploration's Sorenson 29-32 #1H produced at an early 24 hour peak flow back rate of 5,133 boepd, representing an apparent record production rate for more than 2,700 horizontal wells in the Williston Basin.

Brigham Makes Headway in Bakken Campaign
Friday, April 02, 2010Brigham Exploration completed the Sorenson 29-32 #1H and Jack Erickson 6-31 #1H at early 24 hour peak flow back rates of 3,511 and 2,652 barrels of oil equivalent per day, respectively.

Brigham to Divest West Texas Assets
Monday, March 29, 2010Brigham Exploration Company has entered into a purchase and sale agreement to divest a portion of its West Texas assets for $14 million to Legacy Reserves LP.

Legacy Reserves Purchases Shares in Permian Basin
Monday, March 29, 2010Legacy Reserves has entered into an agreement with Brigham Exploration to purchase oil and gas properties located in the Permian Basin for $14.0 million, subject to customary closing adjustments.

Brigham Adds Acreage to Rough Rider Project
Tuesday, March 16, 2010Brigham Exploration has signed a purchase and sale agreement to acquire just over 10,000 net acres in the northeastern portion of its Rough Rider project area.

Brigham Makes Headway at Rough Rider
Tuesday, February 02, 2010Brigham's rapid pace of development in its core operated Ross and Rough Rider project areas is proceeding.

Brigham Sees 'Exceptional' E&P Results in Williston Basin
Tuesday, December 15, 2009Brigham anticipates drilling up to 700 net Bakken and Three Forks wells across the extent of its core 150,000 net acres in Williams, McKenzie and Mountrail Counties, North Dakota.

U.S. Energy Underscores Initial Production at Brad Olsen Well
Friday, October 16, 2009U.S. Energy Corp. has announced the initial production rate from its Brad Olson 9-16 No.1H Bakken well and provided an overall operations update regarding its various interests in the oil and gas sector.

Brigham Exploration Closes Amendment to Sr. Credit Agreement
Tuesday, July 28, 2009Brigham Exploration has closed on the Fifth Amendment to its Senior Credit Agreement, which provides for revolving credit borrowings of up to $200 million with an initial borrowing base of $110 million.

Brigham Exploration Posts Production Update for Three Forks Well
Tuesday, July 14, 2009Brigham Exploration Company announced that the Strobeck 27-34 #1H produced approximately 2,021 barrels of oil equivalent per day from the Three Forks formation during its early 24 hour flow back period.

Brigham Moves Forward with Williston Basin Activities
Friday, May 08, 2009Brigham Exploration provided an update on its Williston Basin activity including initial production rates on two operated and seven non-operated wells brought on line since year-end.

Brigham Exploration Reports Year-End, 4Q 2008 Results
Thursday, March 12, 2009Revenues from the sale of oil and natural gas including hedge settlements for 2008 were $121.5 million, which represents a 3% decrease when compared to last year.

Brigham Completes 1,200 bopd, 1.4 MMcf/d Bakken Well in North Dakota
Tuesday, February 03, 2009Brigham completed its Olson 10-15 #1H well, which is west of the Nesson Anticline in Williams County, North Dakota, at an initial 24-hour production rate of approximately 1,200 barrels of oil and 1.4 MMcf of natural gas per day.

Brigham Elevates Production Volumes, Completes Main Pass Discovery
Wednesday, December 03, 2008Brigham has announced new completions including its Main Pass discovery at an initial rate of approximately 15.2 MMcfe per day.

Brigham Digs In, Makes Three Forks Oil Discovery
Tuesday, October 07, 2008Brigham Exploration announced that its first Three Forks well in the Williston Basin was a discovery, producing at a recent rate of approximately 892 barrels of oil equivalent per day.

Brigham Drills Southern Louisiana Discovery, Boosts Production
Tuesday, July 08, 2008Brigham Exploration announced that its Main Pass SL 18826 #1 discovery was production tested at a rate of 15.4 MMcf of natural gas per day. Brigham also drilled an apparent discovery with its second JV well at Chandeleur Sound.

Brigham-Clayton Williams JV Strikes Oil in Louisiana
Wednesday, June 18, 2008Brigham Exploration Company announced that the first of six wells it plans to drill as part of its Southern Louisiana joint venture is an apparent discovery. Brigham has a 50% stake in the wells, with Clayton holding the remaining 50%.

Brigham Commenced ND Bakken Drilling Program
Wednesday, November 07, 2007Brigham Exploration has commenced drilling on its growing Mountrail County North Dakota horizontal Bakken play, and provided an operational update.

Brigham Exploration Increases Position in Williston Basin
Thursday, September 27, 2007Brigham Exploration has increased its total land acquisition in the Williston Basin to 174,000 acres. The property, located in North Dakota, includes 30,000 acres east of the Nesson Anticline, 22,000 acres in Mountrail County.

Brigham Hits Another 'Home Run' with Sullivan C-36
Tuesday, August 07, 2007Brigham Exploration reported successful drilling of the Sullivan C-36 well, its second well to successfully extend its Home Run Field and prove up additional locations.

Brigham Extending Home Run Field
Tuesday, July 17, 2007Brigham's Sullivan #15 well extends Home Run Field, proving up additional reserves and locations for future drilling.

Northern, Brigham Form Williston Basin JV
Wednesday, April 25, 2007Northern Oil and Gas, Inc. has signed a joint venture agreement with Brigham Exploration Co. to further exploit and explore Northern Oil's 32,000 gross/26,000 net acres in the Williston Basin.

Brigham, Northern Form Williston Basin JV
Monday, April 23, 2007Brigham Exploration Co. has closed a joint venture agreement with Northern Oil and Gas that provides for Brigham's participation in approximately 30,300 gross and 24,350 net acres in the Williston Basin.

Brigham Reports Four Completions
Tuesday, March 27, 2007Brigham Exploration Co. said that four wells--including the Cotten Land #3, the Marie Snyder #1, the Mills Ranch 96#1 and the Dawson #1S--were producing to sales.

Brigham Reports Lower Profit for 2006
Tuesday, March 06, 2007Brigham Exploration Company late Monday announced financial results for the year-end and quarter ended December 31, 2006.

Brigham Sets 2007 Capex Plan
Tuesday, February 27, 2007Brigham Exploration Co. on Tuesday said that its board has approved an approximately $114.9-million capital expenditure plan for 2007.

Brigham Exploration Ups Credit Facility Borrowing Base
Tuesday, December 05, 2006Brigham Exploration Company announced that it has increased its senior credit facility borrowing base from $50 million to $110 million.

Brigham Exploration Logs Pay at Mills Ranch Well
Tuesday, October 10, 2006Brigham Exploration says that the Mills Ranch 96 #1 is currently finalizing logging after encountering good drilling shows in an apparently normal and unfaulted Hunton section, including the primary Chimney Hill objective.

Brigham Exploration Says Cotten Land #1 Begins Production
Tuesday, September 26, 2006Brigham Exploration says that the Cotten Land #1 had been hooked up to sales at a current rate of approximately 10.4 MMcfe per day.