Oklahoma Transfer Activity Alert: the Arkoma continues to be one of the hottest areas for A&D in Oklahoma. 544 wells were transferred last week from Chesapeake to Blue Water Resources. Check out the screenshot of the activity mapped in Atla for more details.
Does a Location Exception always leads to a horizontal completion?
What is the value of tracking, analyzing, and mapping Location Exceptions? Intuitively, one could make an assumption that any new horizontal well will need a location exception in order to maximize well spacing, right? We did a simple study using Atla to test our theory.
Bonus- Corterra Resources is the Winner!
Remember last week when we mentioned that 26,000 acre divestiture in the Arkoma Continental Resources made in late August? We wondered if it was one of the companies we highlighted who have been all over the “Arkoma STACK”… Well our suspicions were correct. Corterra Resources closed on this last Friday pushing them up over 70,000 acres in what seems to be the hottest play in Oklahoma.