As we prepare for Valentine’s Day, our gift to you is not a bouquet of roses or a box of chocolates, but some incredible nuggets of information you wouldn’t be able to find anywhere else.

Leasing

• WSGP increases acreage in Pittsburg county.
• Continental continues to pick up leases in the SCOOP and remains one of the most active operators in Oklahoma.
• R D Williams & Company have been very active in Love County along the OK/TX Border.

Spacing

• The top three operators in terms of spacing are focusing their activity in the STACK; expect these operators be top drillers in the near future.

Pooling

• Pooling applications are very high in Hughes with Antioch and Silver Creek the two most active operators.
• Look for Antioch to increase its activity in the near future, potentially becoming one of the biggest operators in the Arkoma during 2018.

Intents

• Last week, Newfield was the most active operator in terms of intents to drill. Alongside Continental, both operators are focused in the SCOOP and STACK.

Completions

• Activity is abundant in the STACK; the main players stay consistent with a high level of activity. These include Alta Mesa (Oklahoma Energy Acquisitions), Continental, Devon, and Jones.

• We expect completion activity to continue to be focused in the STACK.

  

  

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  Density

  

  

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  Transfers

  • With a purchase of more than 20 wells in Nowata county from Rocky Top Energy, Cewell Energy is the highlight this week in terms of transfers.

  

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  Location Exceptions

  • Location exceptions continue to be primarily filed in the STACK.
  • Be on the lookout for more horizontal wells during the first half of 2018.

  

  

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