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Williston Basin White Paper

Oil Gas Leads

Executive Summary: Williston Basin Operator Activity (2023–2025) The Williston Basin remains a critical component of U.S. million barrels of oil per day as of Q1 2025. These operators collectively reflect the basin’s evolution toward capital discipline, lateral length optimization, and refrac innovation.

Basin 52
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ReconAfrica provides drilling update on Prospect I

Oil & Gas 360º

It is targeting 365 million barrels ofunrisked and 32 million barrels of risked prospective light/medium oil resources (1) , or 1.9 It is targeting 365 million barrels ofunrisked and 32 million barrels of risked prospective light/medium oil resources (1) , or 1.9 Prospect I is noted as location 63 in the NSAI report. (1)

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U.S. Shale’s Superpower Isn’t Geology — It’s Consistency

Oil Gas Leads

We have decades of inventory below our $40 per barrel WTI cost of supply threshold this optionality is what separates the inventory haves from the have nots. Kaes Vant Hof Inventory only delivers resilience if its converted into barrels steadily and efficiently. Darren Woods, ExxonMobil Our U.S. Shale is a treadmillyou stop, you slide.

Basin 52