Chord Energy Corporation is a company engaged in hydrocarbon exploration and hydraulic fracturing in the Williston Basin in North Dakota and Montana. It is organized in Delaware and headquartered in Houston, Texas, with an office in Williston, North Dakota. The company was formerly known as Oasis Petroleum.
As of December 31, 2024, the company had proved reserves of 883 e6BOE, of which 57% was petroleum, 19% was natural gas liquids, and 24% was natural gas.[1]
History
In February 2007, Oasis Petroleum was founded by Thomas B. Nusz and Taylor L. Reid and was financed by EnCap Investments.[2] In June 2007, the company acquired 175,000 net acres and 1 e3BOE per day of production in Williston, North Dakota for $83 million.[2]
In 2008–2009, the company acquired an additional 131,000 net acres and 1.1 e3BOE per day of production nearby for $54 million.