Canyon Creek Energy — Arkoma said a January acquisition ups its stockpile of drilling locations in the Arkoma Stack to nearly 1,300.
The deal gives Gastar Exploration the liquidity to drill and complete about 20 Stack wells and delineate its Meramec and Osage assets. Editor's note: This article was updated Jan. 30 to include the buyer of Gastar's WEHLU asset.
Longer laterals promise efficiencies that will keep the U.S. shale industry competitive in an extended lower-for-longer commodity price environment.
The rejection comes less than a week after SandRidge Energy met privately with Carl Icahn in New York and tried to quell rising tensions with the billionaire investor, its largest shareholder.
In this special report, Hart Energy Activity Editor Larry Prado gives an in-depth look at the petroleum-rich region of the Arkoma Basin.
The blast occurred during oil and gas drilling at around 9 a.m. CST Jan. 22 near Quinton, Okla., about 146 miles from Oklahoma City.
Intervale sees 'attractive opportunities' to expand PDC Logic by introducing new bit designs and entering new markets, Partner Tuan Tran says.
Some recent findings on the Stack/Scoop/Cana plays’ productivity evolution may come as a surprise.
The call for board seats came after SandRidge terminated a $746 million deal to acquire rival Bonanza Creek that Icahn and other investors said was too expensive and would burden the company with too much debt.
The Permian Basin accounts for the bulk of the production increase year-on-year, the EIA data showed. At the same time, production growth in the Bakken is seen slower than a year earlier.