Last week, Continental Resources’ President Jack Stark updated investors, including a look at the company’s scoop play Springboard Project in Oklahoma. Stark said everything remains on track with the project, which should boost the company’s oil production by about 10% from third quarter 2018 to this year’s third quarter. Hart Energy’s Velda Addison has all the details of last week’s update.
Earlier we sat down in Oklahoma City with Tony Barrett, Continental’s vice president of exploration to talk about Springboard and why it is a step-change for the industry.
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The Haynesville is expected to account for more than 35% of total active horsepower growth in second-quarter 2019.