The western half of Oklahoma may get more publicity but there’s great potential on the state’s eastern side as well.
Operators are learning the hard way that parent-child well interaction is damaging to both their field developments…and their bottom lines.
The legendary Oklahoma oilman discussed a myriad of topics in a one-on-one keynote ‘fireside chat’ at Hart Energy’s DUG Midcontinent conference and exhibition.
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.”
Here’s a quicklist of oil and gas assets on the market including an Austin Chalk HBP leasehold package plus New Mexico exploratory acreage from Shell.
Boomer Minerals retained EnergyNet for the sale of an Oklahoma royalty package located in Canadian and Kingfisher counties in an auction closing Dec. 5.
Sanjit and Shan Bhattacharya built a nimble and flexible mineral buying company that competes on the ground with much bigger companies. And wins.
Gulfport Energy, whose production is focused primarily in the Utica Shale in Ohio and Scoop acreage in Oklahoma, also made a new commitment to using excess cash to pay down debt.
Leasing hot spots, improved drilling metrics and more reveal some silver lining in the cloud hanging over Midcontinent producers.
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.