November 13, 2023
Asset highlights include recent production of approximately 32,000 boed (23% oil, 57% liquids) and PDP reserves of approximately 75 MMboe.
July 13, 2023
Average net production associated with the acquired interests for the first quarter of 2023 was approximately 500 boed (~30% oil).
October 12, 2020
Panhandle Oil and Gas has closed the previously announced purchase of two mineral and royalty packages in Grady County, Okla., and Panola and Harrison Counties, Texas, from Red Stone Resources, LLC.
The catastrophic demand decline initiated by coronavirus lockdowns significantly damaged the U.S. oil industry, with oversupply, historically low storage capacity, and low prices. Operators responded by stacking rigs and shutting-in production.
Another mixed outlook awaits the E&P sector
Fracture mapping enables operators to determine the effectiveness of different diversion techniques to control fracture growth and minimize inter-well communications.
August 22, 2018
Jericho Oil Corporation announces that its Oklahoma STACK Joint Venture (JV) will commence this week with the drilling of its second Osage formation well, the Trebuchet 21-23N-10W #1H, within its northern STACK acreage position further delineating the nearly 16,000 net STACK acres.
June 05, 2018
CGG has completed acquisition of its Chickasha 3D survey in Grady and Caddo Counties, Okla. CGG has also purchased the rights to the Ft. Reno 3D survey in Canadian County, adding to its continuously growing data library.
May 15, 2018
Titanium Exploration Partners, LLC, is pleased to announce the sale of certain conventional assets in Oklahoma’s SCOOP play to Red Rocks Energy Partners, L.P.
April 24, 2018
BNK Petroleum Inc. has announced that the Glenn 16-2H well (100% working interest) averaged over 630 boed, of which 540 bbl are oil, for the last 30 days. The production from the well, which is located in BNK’s Tishomingo field, in the SCOOP region of Oklahoma, is currently producing over 620 boed, of which 515 bbl are oil (85%).
April 20, 2018
Canyon Creek Energy announced that it has entered into an agreement with Pivotal Petroleum to jointly fund the development of wells in Oklahoma's STACK play.
April 13, 2018
TGS further expands its 2018 onshore seismic activity with the announcement of the Gloss Mountain 3D seismic survey. Gloss Mountain is a significant addition to our industry leading geoscience data position in the SCOOP/STACK area of the Anadarko basin.
April 03, 2018
BNK Petroleum announce that its Glenn 16-2H well, in the SCOOP region of Oklahoma, averaged over 610 boed for the last eight days, while still producing back completion fluid.
February 07, 2018
TGS announces expansion of its 2018 onshore seismic activity with the Canton 3D seismic survey in the Anadarko basin.
March 27, 2017
Newfield Exploration Company, in conjunction with the Company's participation in this week's Scotia Howard Weil Energy Conference, has provided an interim update on its recent enhanced completions in the Anadarko basin's STACK play and raised expectations for its first-quarter 2017 domestic production.
Chaparral Energy emerges from Chapter 11; eliminates $1.2 billion in debt, $100 million in annual interest expense
March 21, 2017
Chaparral Energy announced today that it has successfully completed its financial restructuring and emerged from Chapter 11 bankruptcy protection. The company, whose financial reorganization plan was confirmed by the U.S. Bankruptcy Court of Delaware on March 10, converted $1.2 billion of pre-petition debt to equity and eliminated approximately $100 million of annual interest expense.