As we march into 2018, let’s start by taking a look back at Oklahoma O&G activity during 2017. At Oseberg, we believe that data and analytics are incredibly valuable and that their impact is multiplied many times over when coupled with the keen eye of someone with experiential knowledge.
6 more days until Christmas (and our last report before the New Year)!
In my case that’s 2 more days until the stuff I need to order for my wife can still be delivered via Amazon Prime and arrive in time…awesome.
The past two weeks we have been visited by the ghosts of leases and spacings past; this week we look back at Permits and Poolings for 2017. Who were the big winners?
Missed our Oklahoma Weekly Report over the last couple of weeks? Due to issues with the OCC site, we needed to gather and clean up the data. Here’s what you missed.
- Blackbeard Operating East transferred 33 wells to Mustang (in Pittsburg and Latimer counties)*
- Quest 4 Oil transferred 30 wells to 5B production (in Stephens county)*
- Staghorn Energy transferred 22 wells to Double C Oil and Gas (in Noble and Pawnee counties)*
- Sebep LLC picked up 43 wells from 3 other operators (in Pittsburg, Latimer and Le Flore counties)*
*These transfers will not appear in this week’s transfer chart because they were effective October 3rd.
- Gulf Exploration has been busy and jumped to the top of the list.
- Top 5 counties for leasing in Oklahoma were: Pittsburg; Carter; Hughes; Garvin & Kingfisher
- Continental lapped the field in both spacings and poolings.
- Alta Mesa lapped the field twice with increased densities. Remember a few weeks ago we showed that there was a 1:1 correlation for LE’s and permits – look for a lot of drilling coming soon from Alta Mesa.
- Cimarex was the leader for permits with 24!