Playbooks Supplements

Scoop-Stack Playbook 2017

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SCOOP/STACK: KEY PLAYERS UGcenter.com | September 2017 | 23 Scoop and driving production through continued development drilling. The company also was run- ning four to five rigs in the Stack, transitioning to infill development and testing upsized comple- tions and downspacing. Unit Petroleum Co. Unit Petroleum Co., a wholly owned subsidiary of Unit Corp., was formed in 1979 with an initial reserve base of 2 Bcfe. As of year-end 2016, Unit owned 118 MMBoe of reserves, primarily in the Anadarko and Arkoma basins, and operated or owned an interest in more than 6,500 wells, the company's website stated. Unit's reserves are 84% proved developed. The company's strategy is to drill low-risk field extension or development wells on internally generated prospects. Unit resumed drilling operations in the Hoxbar (Marchand Sand) in Oklahoma in fourth-quarter 2016. The company has 60 to 65 locations in the area with average working interest of 50% to 60%. Unit reported EURs of about 550 Mboe, 83% liq- uids and 68% oil, and well costs of about $5 mil- lion, according to first-quarter 2017 information on Unit's website. Five to six wells are planned for 2017 in this area. The company is seeking approval from the Oklahoma Corporation Commission to drill Hoxbar extended-lateral wells. Ward Petroleum Corp. Headquartered in Oklahoma City, Ward Petro- leum is growing the assets of Ward Energy Part- ners with a leasehold position of 35,000 net surface acres and 80,000 net reservoir acres in the Scoop/Stack play, with its operated focus in the Scoop area. Ward is targeting seven primary reservoir objectives, with an inventory of more than 2,500 gross well locations. The company's resource base exceeds 500 MMboe, while project- ing a production rate exceeding 10,000 boe/d by year-end 2018 with active operated and nonoper- ated well programs. Ward has taken a lead role in the identification of the emerging Scoop Sycamore/Mississippian play. According to the "IHS Markit U.S. Indus- try Highlights, March-April 2017" report, Ward Petroleum reported completion details for a high- rate Mississippian producer 2 miles south-south- west of Alex, Okla. The 26-23-1XH Lynda produced 16 MMcf of gas, 861 bbl of 53-degree condensate and 2,156 bbl of load water during an initial 24-hr flow test in mid-March, the report stated. Ward is also an active operator in the Hoxbar SoHOT play, which overlaps the Scoop play in Southern Oklahoma. XTO Energy XTO Energy, an ExxonMobil subsidiary, operates in 25 counties and holds more than 1.1 million acres in Oklahoma. The company reported year- end 2015 production of 350 MMcf/d of gas and 14 Mbbl/d of oil. XTO Energy had one of the biggest leaseholds across Oklahoma at year-end 2014 with an esti- mated 1.153 million acres and gross production of 12 Mbbl/d of oil and 396 MMcf of natural gas, according to naturalgasintel.com. In November 2016 XTO Energy released details regarding a Marietta Basin Caney Shale discovery completed in fourth-quarter 2016 two miles south and slightly east of Marietta, Okla. The 1-33H28X Ronny went onstream flowing 620 bbl of 46-degree oil, 1.67 MMcf of gas and 1,453 bbl/d of water through perforations between 16,805 ft and 22,275 ft following acid treatment and a 28-stage fractur- ing job, IHS reported. In June 2016 the company also completed two horizontal Woodford producers on a multiwell Ardmore Basin pad 5 miles south and slightly east of Tishomingo, Okla, according to an IHS report. The company's 4-11H2 Flenniken flowed 381 bbl of 39-degree oil with 380 Mcf of gas and 489 bbl/d of water through perforations at 6,228 ft and 11,239 ft following acid treatment and a 16-stage fracturing job. In June of this year the company's workover pro- gram in the Hewitt Field resulted in the completion of a shallow multizone producer three miles east of the Healdton, Okla., according to another IHS report. XTO reported production of 58 bbl/d of oil and 254 bbl/d of water. With cumulative pro- duction of about 305 MMbbl of oil and 22 Bcf of gas, Hewitt Field ranks 10th in oil production from Oklahoma fields, the report stated. n

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