Whiting Petroleum

No. Whiting Petroleum merged with Oasis Petroleum in September 2022 to form Chord Energy. Whiting's assets, including its Williston Basin acreage and midstream interests, were absorbed into the new entity. Chord Energy trades on Nasdaq under the ticker CHRD and is headquartered in Houston, with a significant Denver office.

Whiting carried roughly $2.8 billion in funded debt entering 2020, much of it from its $6 billion Kodiak Oil & Gas acquisition in 2014. When oil demand collapsed during the early pandemic and prices briefly turned negative, the firm's high-cost structure and leveraged balance sheet made restructuring unavoidable. It became the first major shale producer to file during the 2020 downturn.

Whiting was a pure-play Williston Basin operator, concentrated in the Bakken and Three Forks formations of North Dakota and Montana. Its roughly 480,000 net acres made it the basin's largest producer for several years. The firm's technical teams developed extensive expertise in multi-stage fracturing completions specific to the Bakken's geology.

Whiting Petroleum and Oasis Petroleum announced a merger of equals in March 2022, closing the deal in September 2022. The combined company, Chord Energy, is led by Danny Brown as CEO. Chord inherited Whiting's Denver technical teams and Oasis's Houston headquarters, creating a single public company focused entirely on the Williston Basin.

Historically, Whiting held assets in the Permian Basin, the DJ Basin of Colorado, and the Gulf Coast, but by the 2010s it had divested nearly all non-Bakken acreage to focus on its core North Dakota operations. The post-bankruptcy entity was exclusively a Williston operator.