We are the leader when it
comes to top-tier operating
and financial performance.
A company built to last. And to lead.
We believe we are among the most efficient and cost-effective producers of oil and natural gas on the planet. One reason why, is we are invested in the United States, with a premier portfolio of assets in unconventional resource plays in North Dakota, Montana, South Dakota, and Oklahoma. We believe these assets represent decades of future development and production, with the opportunity to grow to meet the increasing energy demands of the modern world, here and across the globe.
Major U.S. Operations
Bakken | SCOOP | STACK
Where we produce
We are the largest leaseholder in the Bakken field that stretches across parts of North Dakota and Montana. It’s where we produce light sweet crude, cleaner-burning oil the world needs as energy demand grows. We also have substantial holdings in the SCOOP and STACK in Oklahoma.
A 50-year record of success
We have been in this business a very long time. And we’re here to stay. Unlike companies that recently jumped in with no track record and little experience, we are a true oil and natural gas innovator. We were one of the first companies to deploy horizontal drilling on a large scale, enabling us to become a leader in well safety and environmental stewardship. Horizontal drilling remains a game-changing technology that has fundamentally altered the economic and geopolitical realties of our world.
Decades ago, we created the ECO-Pad® technology that allowed us to drill multiple wells from a single site, maximizing the benefits of horizontal drilling and minimizing our drilling and production footprint. Today, we can drill up to 12 wells from a single pad reaching out nearly two miles or more in any direction. Over time, it has become the industry standard.
Tight rock formations hold huge reservoirs of oil and natural gas. Thanks to horizontal drilling, new stimulation advances and better, more accurate mapping technologies, we have unlocked the hydrocarbons that were previously unreachable or uneconomic to produce.
Today, we are economically and efficiently producing from our holdings in four states. We have the ability to produce more, should the market demand. We believe we are in a new energy era, where we have gone from one of perceived energy scarcity to real energy abundance. As a result, we will take a disciplined approach to exploration and production to maximize the value of our assets.
We are oil finders. We have a deep inventory of recoverable reserves in North Dakota and Oklahoma that will provide decades of cost-efficient production.
We are built to last.
2019 was a record year. 2020 has brought its share of challenges. Like always, Continental will take the necessary steps to position itself for the future to maximize shareholder and corporate returns.