oseblog

Oklahoma Leasing Activity

• Continental Resources remains one of the most active operators in Oklahoma; they continue to acquire acreage throughout the SCOOP focusing in Stephens County.
• Canyon Creek is poised to have one of the largest positions in the Arkoma Basin through its continued leasing via multiple entities.

What is one of the hottest plays in the country right now? 

One of the hottest plays in the country is right here in Oklahoma: the STACK – Sooner Trend, Anadarko (Basin), Canadian (and) Kingfisher (counties). The STACK is essentially the old Sooner Trend being re-developed horizontally. There is a ton of up-side with stacked pay zones in the Mississippian aged formations.

Oklahoma Leasing Activity

• The HOTSPOT over the last 60 days continues to be NW McClain/NE Grady cos. EOG has a nice position there and is starting to drill it up. The leasing around that area has been on fire.