Oasis maintains an intense focus on generating sustainable returns and positive free cash flow. The Company is focused on broad strategic issues including balancing cash returns with growth initiatives all while maintaining operational excellence and sound environmental stewardship.
Oasis is being guided by a diverse, highly engaged new Board comprised of very experienced and well-respected energy industry veterans.
Oasis’ success is driven by its premier operations in the Williston Basin and most importantly through its creative people and culture. We are on the forefront of technology deployment, operational efficiencies, and infrastructure development. Our assets are highly concentrated and are prospective for multiple potential horizons. Our goal is to generate free cash flow and sustainable full cycle returns.
The new Oasis has a strong ESG culture and a best-in-class balance sheet, renewed focus on sustainable returns, rigorous capital discipline and generating positive free cash flow.
Oasis develops unconventional oil and natural gas resources in North Dakota and Montana.
Oasis is the majority owner of Oasis Midstream Partners formed to provide a collection of services including gas gathering and processing, saltwater gathering and disposal services, freshwater services, and crude oil gathering and transport services to Oasis and third parties. On October 26, 2021, Oasis Midstream Partners announced a merger agreement with Crestwood Equity Partners.
EHS Values
At the foundation of what we believe as a company is our desire to do the right thing. While this value is important throughout all facets of our company, it is paramount in addressing health and safety and environmental stewardship. Oasis is committed to the safety and health of the people on our sites and in our communities and to being conscious stewards of the land we operate on and the environment and ecosystems that land supports. To achieve this objective, we utilize:
Oasis is a company formed upon a platform of values. These values inform our decisions and define our culture. We always strive to do the right thing, and are passionate about teamwork, diversity, and succeeding together. The value of Great Assets can only be maximized by also having Great People. Oasis provides a workplace where employees can excel and continue to challenge themselves and grow with the company. Due to the entrepreneurial nature of Oasis’ culture, individuals can make a direct impact and provide innovative and creative solutions to complex situations. Oasis is a place where diversity and teamwork are at the forefront and where lasting relationships are forged – founded on mutual respect.