Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Whiting Petroleum history
Whiting Petroleum company history timeline
The company was founded in 1980 by Kenneth R. Whiting and Bert Ladd.
Whiting Oil and Gas's ability to expand its asset base was increased substantially once the company converted to public ownership, a step the company took in 1983.
In 1992, Alliant Energy, a Midwest public utility, acquired the company for $27.5 million.
Vice-president of corporate development during Whiting Oil and Gas's first decade of business and a contract consultant following the Alliant merger, Volker was given the titles of executive vice-president and chief operating officer in August 2000.
Volker was promoted to president and chief executive officer in January 2002.
The year became the starting point of an expansion campaign that would be revealed after Alliant's management made an important decision in late 2002.
In 2003, the company became a public company via an initial public offering which raised over $400 million.
The acquisition of Equity, which was completed in July 2004, was part of Volker's broader strategy for growth.
In 2005, the company acquired assets in the North Ward Estes field for $459 million.
In August 2013, the company acquired assets in the Williston Basin for $260 million.
In 2014, the company acquired Kodiak Oil & Gas.
The property was sold in 2016 for $300 million.
In January 2017, the company sold midstream assets in North Dakota for $375 million.
On April 1, 2020, the company filed bankruptcy in the United States Bankruptcy Court for the Southern District of Texas.
Rate Whiting Petroleum's efforts to communicate its history to employees.
Whiting Petroleum jobs
Do you work at Whiting Petroleum?
Is Whiting Petroleum's vision a big part of strategic planning?
Whiting Petroleum competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| The Williams Companies | 1908 | $10.5B | 5,425 | 221 |
| Oasis Petroleum | 2007 | $5.3B | 432 | - |
| Diamond Offshore Drilling | 1978 | $1.1B | 2,500 | - |
| Devon Energy | 1971 | $15.9B | 1,400 | 42 |
| Energy Transfer Solutions | 2003 | $8.5M | 75 | 11 |
| Valero Energy | 1980 | $129.9B | 10,015 | 48 |
| Octagon 88 Resources | - | - | - | - |
| World Fuel Services | 1984 | $42.2B | 5,000 | 10 |
| Koch Industries | 1940 | $115.0B | 100,000 | 47 |
| SM Energy | 1908 | $2.7B | 503 | 11 |
Whiting Petroleum history FAQs
Zippia gives an in-depth look into the details of Whiting Petroleum, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Whiting Petroleum. The employee data is based on information from people who have self-reported their past or current employments at Whiting Petroleum. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Whiting Petroleum. The data presented on this page does not represent the view of Whiting Petroleum and its employees or that of Zippia.
Whiting Petroleum may also be known as or be related to Whiting Petroleum and Whiting Petroleum Corporation.