With the completion of the Wheeler Plant, Eagle Rock will have in excess of 500 MMcf/d of high efficiency cryogenic processing capacity serving the Granite Wash play.
When natural gas prices improve, the future of the region will be carved in stone.
Steady development has been the name of the game for 2012-2013 Granite Wash activity. The granite wash is a heterogeneous series of sands, shales and siltstones that has yielded production since the late 1950s. Unconventional drilling and completion techniques have vastly improved the area’s production.Most of the recent activity is in Beckham and Washita counties in Oklahoma and in Wheeler County, Texas ,and to a lesser degree, Oldham and Hemphill counties.Gas can be found in multiple zones between 9,500 and 13,000 feet, and in some sections, as deep as 17,000...
The new Western Oklahoma pipeline is supported by long-term producer commitments and is expected to be in service by the end of the first quarter of 2014.
The trust was formed by Chesapeake Energy Corp. (NYSE:CHK) in June 2011 and owns royalty interests in certain oil and natural gas properties in the Colony Granite Wash play in Washita County, Okla.
In the Anadarko Basin, the company completed a Granite Wash well with an average gross production rate of over 1,140 BOEPD (71% oil) for the first 90 days of production
In addition, Chesapeake and MarkWest have furthered their relationship in the Appalachian Basin through the extension of a key processing agreement for five additional years to 2020.
Optimization projects reduce drilling, completion costs.
The company is ramping up oil production in the Midcontinent.
DCP Midstream is pushing its super system in the Midcontinent to a new level, as it works to leverage its gathering and processing footprint to grow vertically into the NGL pipeline sector.