Operators Fine-Tuning Frack Programs In Midcontinent
The Scoop and Stack plays, which dominate the Midcontinent completions market, are both an island of gel and resin-coated sand in a sea of slickwater and bulk commodity sand.
ConocoPhillips CEO Looks At Hedging Options, Says Market Limited
Lance said the company's diverse portfolio around the globe means it sells output against a handful of different oil and gas price benchmarks, providing it with some amount of what he called "natural" hedging.
France Studying Possible Ban On Import Of US Shale Gas
Contracts signed by French gas utility Engie SA and power utility EDF with a U.S. producer have led to the import of LNG which contained about 40% shale gas, French Energy Minister says.
Scoop, Stack Remain Midcontinent's Main Attraction
Fracking pricing in the Midcontinent edges upward due to more completions in the Scoop and Stack. Meanwhile, regional capacity takes a hit with crew count down to 13 from 25 since January.
Small Workover Firms Shutter Operations In Midcontinent
Several respondents of Hart Energy's Heard In The Field survey said smaller “mom and pop” workover companies were either leaving the Midcontinent region or shutting in operations until prices recover.
Drilling Contractors Face Tough Market In Midcontinent
Rig rates in the Stack, Scoop and Cana-Woodford areas, which had been some of the last U.S. markets to maintain drilling levels in the current downturn, are now among the lowest in the country.
The Stack Comes Of Age
Enthusiasm for the Anadarko Basin’s Stack Play reaches fever pitch as operators at Scotia Howard Weil’s annual energy conference outlined plans to devote scarce 2016 capital spending towards the latest “it” play.
Chesapeake Mulls Sale Of Oklahoma Stack Assets, Sources Say
The Stack shale assets Chesapeake is considering selling could fetch $300 million to $700 million, Bloomberg reported, citing one of the people.
Anadarko Basin Redux: FourPoint Energy Again Buys Chesapeake Assets
Chesapeake parts with its remaining Western Anadarko Basin oil and gas assets, including 3,500 producing wells in the Granite Wash, Missourian Wash, Upper and Lower Cleveland and Tonkawa formations.
Devon Energy Cuts Staff, Dividend, Spending
The Oklahoma City-based company, a top U.S. independent oil producer, said it was laying off 1,000 staff and that another 600 employees would leave in divestitures later this year.