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Hennen: A new phoenix rising in North Dakota oil

Phoenix has expanded from one rig to three and now expects to reach 25 million barrels by November, Scadden said.

Summary by Inforum
"At a time when longtime operator Continental Resources pulled back drilling activity because of oil prices and economics, standing down rigs in North Dakota, Phoenix went the other direction," writes Scott Hennen.

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Hennen: A new phoenix rising in North Dakota oil

"At a time when longtime operator Continental Resources pulled back drilling activity because of oil prices and economics, standing down rigs in North Dakota, Phoenix went the other direction," writes Scott Hennen.

·Fargo, United States
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Inforum broke the news in Fargo, United States on Saturday, September 26, 2026.
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