Oklahoma Weekly O&G Report - 2/8/18

Oseberg Feb 8

In case you missed it, we started publishing monthly look-backs on oil and gas activity in both Oklahoma & Texas. Sign up for our blog in order to receive these and other special industry reports directly in your inbox.  

Read our analysis on January O&G activity in Oklahoma here. 
Highlights from this week's report:


  • Continental increases their position in the SCOOP.
  • Canyon Creek continues to obtain acreage through multiple entities in the Arkoma; look for them to be an active player in the first half of the year.

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  • Continental continues to increase activity.
  • The STACK continues to be the hottest area for completions.

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  • Total spacings are down since last week.
  • The Arkoma Basin is the only area that saw an increase in the number of spacing applications with Silver Creek Oil & Gas leading activity.

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  • Silver Creek has been actively filing poolings recently in Hughes County. Watch for their future drilling activity in the Arkoma.

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  • The STACK continues to be most active in terms of both drilling and future drilling.

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Increased Density

  • Oklahoma Energy Acquisitions filed 12 increased density applications in Kingfisher county.
  • The STACK is the most active area in terms of increased density applications, as infield drilling is picking up.
  • Trinity Operating leads increased density applications in the Arkoma, which coincides with their intents to drill there.

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Location Exception 

  • Oklahoma Energy Acquisitions leads location exceptions filed by a large margin. All of their applications are in Kingfisher County: look for them to be a leading operator here in 2018.

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