Thoroughbred Ventures Announces 5 New Wells From A Single Pad Offsetting Massive Production In Grady County, Oklahoma.
MCKINNEY, Texas, May 3, 2021 /PRNewswire-PRWeb/ — Thoroughbred partnered with Marathon Oil (MRO-NYSE) on the drilling of the initial well, the KEM Ranch 1-24-25XH, with tremendous results. The original well had a robust initial 24-hour production rate of 723 BOPD (bbls of oil per day), and 13,989 MCFPD (million cubic feet per day), and to date […]
Thoroughbred Ventures Reveals Initial Production Rates of Two More Massive Wells in the Oklahoma STACK Play
Thoroughbred Ventures, a Texas based oil and gas investment firm has received initial production rates of two new STACK Play wells that it owns a non-operating working interest in, located in the world-class Anadarko Basin. Thoroughbred partnered with Continental Resources Inc. (NYSE: CLR) to drill both the Rockin Dobbin 1-23-14-11XHM and Zettie 1-23-26XHM wells from […]
Investors sense opportunity in companies that handle drilling wastewater
Thoroughbred Ventures, a Texas based oil and gas investment firm, announced the results of two newly completed wells with huge initial production in the Oklahoma STACK Play. Thoroughbred partnered with Continental Resources to drill the Miller Family 1-13-24XH and Yoder 1-13-12XH wells to test the Mississippian Meramec formation in Custer County Oklahoma. The Miller Family […]
The state delivered a fourth new oil play in as many years in 2015—the expansion of the horizontal Meramec into the Anadarko Basin’s overpressured fairway.
Stacked-pay geology, top-flight industry technology, and well economics among the best in the nation are combining to create golden opportunities for independent oil and gas companies in the oil-prone South Central Oklahoma Oil Province and Sooner Trend Anadarko Canadian Kingfisher plays.
The headlines continue to highlight positive developments by operators in the SCOOP/STACK plays in Oklahoma. But who is participating in the production streams BESIDES the operator?
Oklahoma’s oil-rich STACK play is 400 miles north of perfection. To producers, perfection these days is the Permian Basin in West Texas and New Mexico. Everyone wants a piece of the Permian.
Devon Energy Corp. (NYSE: DVN) announced today it has brought online a high-rate Lower Meramec oil well offsetting its Coyote development in the over-pressured oil window of the STACK play.