Oklahoma City-based Devon Energy Corp. reported that during third quarter, it brought on 50 high-rate wells with average production rates exceeding 2,100 barrels of oil equivalent per day (boepd), while cutting capital expenditures 12 percent below guidance.
Thoroughbred Ventures, a Texas-based oil and gas investment firm, announced today the successful drilling and completion of their latest oil well project in the Anadarko Basin STACK Play. Thoroughbred partnered with Chesapeake Energy to drill the Bradford 5-18-5 1H Well in Kingfisher County, Oklahoma to test the Oswego Formation. The well was drilled to a […]
With breakevens ranging from USD29–43/bbl, Oklahoma’s SCOOP/STACK shale plays are living up to their reputation as the US’s hottest new area for horizontal development.
Devon Energy Corp. (DVN) announced today it has brought online a record-setting Meramec well and commenced production on several high-rate wells in the core of the over-pressured oil window of the STACK play during the second quarter of 2017.
Thoroughbred Ventures, a Texas-based oil and gas investment firm, announced today the results of another monumental well in the Oklahoma STACK and SCOOP Play. Thoroughbred has partnered with Continental Resources (NYSE: CLR) to drill the first three-mile lateral well in Oklahoma, the Romanoff 1-25-24-13XH. The spud date for the well was November 3, 2016 with […]
Improved drilling and completion processes combined with favorable geology have led oil and natural gas companies to bring online a series of massive wells in central Oklahoma’s STACK and SCOOP plays.
Thoroughbred Ventures, a Texas-based oil and gas investment firm, announced today the results of their latest oil well project in the Oklahoma STACK and SCOOP Play. As a non-operated working interest owner, Thoroughbred Ventures partnered with Continental Resources (NYSE: CLR) in September 2016 to drill the Strassle 1-28-33XH Well. The well was drilled to a […]
Thoroughbred Ventures, a Texas-based oil and gas investment firm, is pleased to announce the production results from the Anita Fowler #1-27X-26H Well. Thoroughbred participated as a non-operated interest owner in the well with Vitruvian Energy II. The Anita Fowler well is Vitruvian’s best Woodford well ever, nearly doubling its previous best rate of 13.6 MMcfe/d. […]