Playbooks Supplements

Scoop-Stack Playbook 2017

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SCOOP/STACK: KEY PLAYERS 12 | September 2017 | Alta Mesa Holdings LP Since 2012 Alta Mesa Holdings LP has focused on the horizontal development of the Mississip- pian-age Osage and Meramec formations as well as the Pennsylvanian-age Oswego Formation, according to the company's website. Alta Mesa has about 4,000 potential drilling locations across four benches, with multiple upside locations possible through optimized spacing and targeting of addi- tional producing horizons. Alta Mesa has increased its Stack acreage position from 45,000 net acres in early 2015 to more than 100,000 net highly contiguous acres as of first-quarter 2017, most of which are HBP, according to the company's first-quarter results report. The company is operating six horizon- tal drilling rigs, targeting the Mississippian-age Osage, Meramec and Manning formations and Operators continue to prove themselves as major shale players in the Oklahoma region. Get the Scoop on the Scoop/Stack By Ariana Benavidez Associate Managing Editor T he South Central Oklahoma Oil Province (Scoop) play was discovered in 2012 and followed a year later by the Sooner Trend Anadarko Basin Canadian and Kingfisher Counties (Stack) play. These Oklahoma areas have since proven to be a hot commodity for operators. "While development in the Scoop/Stack has been tempered by volatile commodity prices in recent months, operators like Devon, Continental and Newfield continue to see quarter over quarter production growth. The recent $57 million acquisition by Unit Corp. further illustrates the Anadarko Basin's growth potential moving into the second half of 2017," said Cory Regal, senior upstream analyst at Stratas Advisors. In the following section, Hart Energy profiles some of the most active operators in the Scoop/ Stack plays. Key Players An Alta Mesa well drills on the company's Stack acreage. (Photo courtesy of Alta Mesa Holdings LP)

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