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Scoop-Stack Playbook 2017

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SCOOP/STACK: KEY PLAYERS 22 | September 2017 | year ago. Of the 12 gross operated wells brought to sales in the first quarter, five were part of the company's first operated Stack infill spacing test, the Yost pilot, and the others were focused primar- ily on Stack lease retention and delineation, the report stated. The Yost pilot, located in the normally pres- sured black oil window in central Kingfisher County, successfully tested 107-acre well spacing with completions of about 2,500 lb/ft of prop- pant, the report stated. The 30-day IP rates from the five new standard-lateral Yost wells and parent well averaged 990 boe/d (57% oil). Marathon Oil ended first-quarter 2017 running seven rigs and expects to average about 10 rigs in 2017, according to the company's report. In addition, PayRock Energy sold its entire Scoop/Stack position to Marathon Oil in the summer of 2016. Newfield Exploration Newfield Exploration is focused on domestic, liq- uids-rich unconventional resource plays. The inde- pendent E&P company was the first to name and develop the Stack. The company operates in the Anadarko and Arkoma basins of Oklahoma. In 2016 Newfield acquired 42,000 net acres in the Stack from Chesapeake for $470 million, according to a press release. In the Stack Newfield has completed 15 wells with new upsized completions of 2,100 lb/ft of proppant and 2,100 gal/ft of liquids, according to the company's first-quarter 2017 report. "Utilizing early data from 13 wells with 60 days of production history, the wells are outperforming the company's 1.1 MMboe estimated average type curve by approx- imately 45%," the report stated. "The Burgess was a record Stack well announced during the quarter. After 60 days, cumulative production from the Bur- gess well is significantly exceeding the estimated Stack type curve, adjusted for lateral length." According to a May 2017 investor presenta- tion, Newfield was running three to five rigs in the In 2017 Marathon Oil plans to focus its Oklahoma activity on Stack leasehold retention, Stack delineation and infill pilots in preparation for 2018 full-field development. (Photo courtesy of Marathon Oil) In late 2014 Cactus Rocket Rig 140 was drilling Newfield Exploration Co.'s Laura 1H-17x well site near Okarche in Kingfisher County, Okla. (Photo by Tom Fox, courtesy of Hart Energy's Oil and Gas Investor)

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