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.
Demand from IMO 2020, a crazy-productive Permian and a midstream sector scampering to keep up will combine to fuel a red-hot industry in 2019.
Senior Analyst Whitney Gomila visits with Jessica Morales about a recent report he worked on that takes a look at opportunities and challenges Bakken operators may face.
Companies operating in the Permian Basin are working to get a better handle on water-related issues as production increases.