Oasis has a track record of efficient development of its quality, sustainable, long-lived asset base. Core areas of operational focus include:
The Oasis team has managed early-stage resource opportunities in the past. Oasis is applying these expertise and investing in the infrastructure needed to drive down per-unit costs and increase efficiencies at every stage of the process from drilling and completing new wells to producing existing ones.
Oasis is continuously evaluating what works best to maximize recoveries and returns in the most efficient way while adopting proven technologies and techniques for building long-term value.
Oasis optimizes inventory development through a focus on costs, effective well spacing, and efficiencies to generate strong shareholder returns with a simultaneous focus on environmental stewardship.
Oasis is one of the largest acreage holders in the Bakken with 404,000 net acres. The company’s position supports strong free cash flow from a proven, highly predictable asset base. Oasis’ Bakken position has decades of inventory with low breakeven pricing and the company leads peers in well performance and operational efficiency. We believe the location, size and concentration of our acreage creates an opportunity for us to achieve cost, recovery and production efficiencies through the large-scale development of our project inventory.
Oasis’ Permian position contains concentrated acreage which supports repeatable, capital efficient development. Our advanced geologic position results in an 80%+ oil mix and supports strong inventory across multiple pay zones with compelling economics. Oasis has made significant progress in reducing well costs over recent years and is improving overall capital efficiency through optimized well design and spacing. Our Permian position has access to multiple markets through major oil hubs which supports margins and returns.
We are committed to being conscious stewards of the land we operate on.
Oasis is a company formed upon a platform of values. Join us