In an unpredictable market, newly minted E&Ps have abandoned the old models of building ready-to-drill assets and instead are forging ahead with new models, operating strategies and leaders.
Increased stage spacing and proppant loading plus use of 100-mesh sand have proven favorable for Gulfport in the Scoop.
Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10
Faced with challenges with commodity prices and geology in the Western Anadarko Basin, FourPoint Energy’s Jacob Shumway told DUG Midcontinent conference attendees: “We see this as a time to innovate.”
Pro Mineral Partners retained Oil & Gas Asset Clearinghouse for the sale of acreage in the heart of Oklahoma's Scoop and Stack shale plays in an offering closing Dec. 5.
Charter Oak Production retained the Oil & Gas Asset Clearinghouse for the sale of an Oklahoma package of operated multi-well PDP and leasehold development in Love County.
Oklahoma producers are intensifying multisection-lateral and multizone development of their liquids-rich leasehold, bringing production nearer to first spend. They’re also paring costs by millions per well.