For Now, Just OK

The global oil price plunge may have reined in Oklahoma’s near-term outlook for the hard-charging SCOOP, but much of the region remains economic as it primes itself for the next surge.

Joseph Markman, Hart Energy

The demethanizer tower, seen from the air, anchors Tall Oak Midstream’s new Battle Ridge Plant, a cryogenic processing plant located in Payne County, Okla., that came into service in late January with an initial capacity of 75 million cubic feet per day (MMcf/d). As customer demand increases, the company could expand capacity at Battle Ridge to 300 MMcf/d. Source: Tall Oak Midstream

The global oil price plunge may have reined in Oklahoma’s near-term outlook for the hard-charging SCOOP, but much of the region remains economic as it primes itself for the next surge.

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Joseph Markman

Joseph Markman, senior editor for Hart Energy, covers markets and provides data analysis for all Hart Energy editorial products.