Skip to main content
search
Oseblog

Oseblog

Oklahoma Weekly O&G Report - 03/12/2018


Published on March 12, 2018

Oseberg-ReportImage-OK-031218.jpg

Oklahoma Leasing Activity

  • The HOTSPOT over the last 60 days continues to be NW McClain/NE Grady cos. EOG has a nice position there and is starting to drill it up. The leasing around that area has been on fire. Here are a couple screenshots detailing the activity from our application Atla:

This is a leasing heatmap showing activity over the last 6 months - sections with 15 or more leases are in RED, 5 or fewer are in GREEN.

Here is a slightly zoomed in view looking at the same data as a BUBBLE MAP. The larger the bubble, the higher the number of leases taken. Each slice of the pie represents the lessee/grantee by # of leases.

Here is a list of the top 10 Lessees in this AOI (area of interest) over the last 6 months:

NEWFIELD EXP MID CONTINENT

495

NATIVE EXPLORATION OPERATING

281

EOG RESOURCES INC

178

89 ENERGY LLC

163

LINN ENERGY HOLDINGS LLC

151

COCKERELL ENERGY LLC

107

L3 ENERGY LLC

100

COLLINS PERMIAN LP

96

TRP MIDCON LLC

95

CASTELL OIL COMPANY LLC

88

report_bar_chart_leases_ok_blog.jpeg

report_township_choropleth_leases_ok_blog.jpeg


Oklahoma Spacing Applications

  • Continental Resources continues to aggressively file spacing applications in the SCOOP and STACK. This follows their recent announcement of two billion dollars planned to be spent for drilling and completions. We are glad to see that capital go to work in Oklahoma!

  • Tapstone Energy's spacings are focused in Dewey County.

report_bar_chart_spacing_ok_blog.jpeg

 

report_township_choropleth_spacing_ok_blog.jpeg


Oklahoma Pooling Applications

  • Citizen Energy II (now a part of Roan Resources) has tripled the number of pooling applications filed in the past week.  Activity is spread throughout the Anadarko Basin.

report_bar_chart_pooling_ok_blog.jpeg

report_township_choropleth_pooling_ok_blog.jpeg

 


Oklahoma Completion Filings

  • Linn Energy files documents related to their horizontal wells recently completed in Grady County. Their horizontal wells are targeting the Mississippian formation in the SCOOP.

report_bar_chart_completions_ok_blog.jpeg

report_township_choropleth_completions_ok_blog.jpeg


Oklahoma Intents to Drill

  • Oklahoma Energy Acquisitions has been filing intents to drill in Kingfisher County. These filings have been for horizontal wells in the STACK focusing on the Mississippian formation.

report_bar_chart_intents_ok_blog.jpeg

report_township_choropleth_intents_ok_blog.jpeg

 


Oklahoma Location Exception

report_bar_chart_location_ok_blog.jpeg

report_township_choropleth_location_ok_blog.jpeg


Oklahoma Increased Density

  • EOG’s increased density filings are for wells in Ellis County. The filings detail how EOG will be targeting the Marmaton formation in the Anadarko Basin.

report_bar_chart_density_ok_blog.jpeg

report_township_choropleth_density_ok_blog.jpeg