Kraken Resources LLC
About
Kraken Resources is a Houston-based, private energy company focused on the acquisition and development of oil and gas assets throughout the Williston Basin.
Editor's note: Updated Dec. 31, 2020.
Headquarters Address
9805 Katy Freeway
Suite 320
Houston, TX 77024
United States
Website
krakenoil.comMain Phone Number
New Financings
Received an equity commitment in excess of $400 million from funds managed by Kayne Anderson Capital…
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News
Crackin’ It at Kraken: Inside the Bakken’s Ramped-up Private E&P
Kayne Anderson-backed Kraken Resources is producing more than 80,000 boe/d today and has a new Fitch Ratings credit score to take to the M&A bank.
Industry Consolidation Reshapes List of Top 100 Private Producers in the Lower 48
Public-private M&A brings new players to top slots in private operators list.
URTeC: E&Ps Tap Refrac Playbook for Eagle Ford, Bakken Inventory
Refracs and other redevelopment projects might not be needle-moving growth drivers—but they’re becoming more common for E&Ps levered in maturing plays like the Eagle Ford and Bakken, experts discussed at URTeC 2024.
Kraken Unleashes New Venture with Fresh $400 Million Commitment
In their latest venture, Kraken Resources' Co-founders, Bruce Larsen and Brad Suddarth, will return to the Williston Basin in pursuit of “large, oil-weighted acquisitions,” according to the company release.
Best of This Week’s Drilling Activity Highlights (June 18, 2021)
Range Resources Marcellus Shale wells, Permian Basin results, a Norwegian North Sea wildcat from ConocoPhillips plus Middle Bakken completions by Kraken Resources top this week’s oil and gas drilling activity highlights from around the world.
Kayne Anderson Boosts Equity Commitment to Bakken Operator Kraken Resources
The upsized commitment results in $525 million of total equity commitments from Kayne Anderson, which has backed Kraken Resources and its predecessor entities since its formation in 2012.
Forty Under 40: Matt Luna, Kraken Oil and Gas
Today’s featured Forty Under 40 honoree is Matt Luna, vice president of development at Kraken Oil and Gas, a Kayne Anderson-backed E&P company focused primarily on the Bakken formation.
Kraken and Crusoe Energy to Deploy Digital Flare Mitigation Systems in Bakken
Kraken Oil & Gas has engaged Crusoe Energy Systems Inc. to deploy 18 Digital Flare Mitigation (DFM) modules between three oil and gas production sites in eastern Montana and one site in North Dakota, the company said on Oct. 7.
Best of This Week’s Drilling Activity Highlights (Sept. 11, 2020)
A Marcellus Shale discovery by Southwestern Energy in West Virginia’s Ohio County plus Occidental Petroleum completes Wolfcamp producers in the Purple Sage Field top this week’s drilling activity highlights from around the world.
Best Of This Week’s Drilling Activity Highlights (Nov. 8, 2019)
Wolfcamp wells and a U.S. Gulf of Mexico development test by Shell plus four Eagle Ford producers top this week’s drilling activity highlights from around the world.
The Top 100 Private E&Ps
Producing 6.5 million barrels equivalent per day, these 100 private producers represent the best of the U.S. oil and gas industry.