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The following weekly report was generated by Oseberg. Want to learn what these trends mean for your business? Contact us for a demo of Atla, our leading upstream energy data desktop Business Intelligence tool which provides the richest, most accurate, and deepest data sets and analysis on a multitude of public filings across Oklahoma and Texas.

Last week, we talked about Continental loading the “top of the funnel” and positioning themselves for strong growth in Oklahoma. The same can be said this week for Newfield based on the 91 spacings filed in the last 30 days. Remember our analysis told us that spacing leads to a permit 82% of the time.

Continental Resources is in the Oseberg spotlight this week. We’ve mentioned them last week but want to put the totality of their activity into perspective. Over the last 30 days Continental activity has included:

Predictive analytics is a buzzword topic right now…here is an example of predictive analytics using Oseberg’s data: How often does a spacing lead to a permit? We ran the numbers on the top 15 operators in OK over a 5 year period and found that a spacing leads to a permit 82% of the time!

Predictive analytics is a buzzword topic right now…here is an example of predictive analytics using Oseberg’s data: How often does a spacing lead to a permit? We ran the numbers on the top 15 operators in OK over a 5 year period and found that a spacing leads to a permit 82% of the time!
Other notable activity this week:

• Look out for a ton of Continental drilling activity in the gas heavy portion of the western STACK in southern Blaine, NE Custer, and SE Dewey counties as they come big with 76 new spacings!
• Oklahoma Energy Acquisitions (Alta Mesa) ramps up their output in the STACK with 10 new Intents last week to bring their 30 day total to 15.
• Chesapeake focuses on infield drilling with 11 Increased Densities in Major, Blaine, Kingfisher, and Woodward counties.