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Scoop-Stack Playbook 2017

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SCOOP/STACK: TECHNOLOGY UGcenter.com | September 2017 | 33 "Our vision is to become the premier pure-play Stack company," Reynolds said. "Our first step is to optimize our asset portfolio as we try to monetize our EOR assets this year. In the meantime we're work- ing hard to de-risk all of our Stack position. With our constrained capital over the last two years, we have focused heavily on developing our 25,000-plus net acres in Kingfisher County. We think this was the right move, as we have essentially de-risked all of our Kingfisher position. This year, you will see us put more capital in our 40,000-net-acre position in Gar- field County as well as our 23,000-net-acre position in the Merge in Canadian County, which is a hot spot in the play right now. In the Merge we may experi- ment with other completion techniques and, down the road, we'll look at 2-mile laterals where it makes economic sense to do so. We are also adding acreage where we can within the play in key areas where we think we'd like to get a little bit bigger. "We believe Chaparral will have significant growth opportunities ahead of it and be well- positioned as a leader in the Stack," Reynolds said. Teeing up new tech Drilling contractor Nabors Industries has seven rigs operating the Scoop/Stack regions of Oklahoma. Two of those units joined the active fleet earlier this spring. One is working for a major operator while the other is with a large independent. Operators have been targeting AC rigs here, carrying 1,500 hp Nabors has PACE-X800 rigs operating in the Scoop/Stack featuring the Rigtelligent operating system to enable smarter and more automated operations. (Photo courtesy of Nabors Industries)

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