Positioned for Profitable GrowthSTACK/SCOOP, Oklahoma
About the PlaySTACK/SCOOP
With a history in Oklahoma that dates back more than 100 years, today our primary focus in Oklahoma has been delineation and leasehold protection in the Meramec play in the STACK and delineation of the Woodford and Springer plays in the SCOOP, as we move toward infill development.
We hold net acreage with rights to the Woodford, Springer, Meramec, Osage, Oswego, Granite Wash and other Pennsylvanian and Mississippian plays, with a majority of this in the SCOOP and STACK.
Latest Activity2Q 2018
Our Oklahoma production averaged 80,000 net boed during 2Q 2018, compared to 75,000 net boed in the prior quarter. We signed a firm transportation agreement for 100 million cubic feet per day beginning in fourth quarter 2018 to protect near-term natural gas production and bridge to the start-up of the Midship Pipeline on which Marathon Oil is an anchor shipper.
Understanding the IssueSeismicity
In late 2016, Oklahoma regulators issued new guidelines for oil and gas operators to manage risks of potential anomalous seismicity in the SCOOP/STACK area of the state.
Using Best PracticesHydraulic Fracturing
In combination with advanced horizontal drilling technology, fracking makes it possible to develop oil and gas resources that were previously inaccessible.
Challenging the Status QuoOklahoma
Process Engineer Sarah DuConge highlights how it takes teamwork, technology and good old-fashioned engineering to sustain base production.