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Scoop-Stack Playbook 2017

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SCOOP/STACK: PRODUCTION FORECAST | September 2017 | 41 happening in other plays, the Stack saw increased application of proppant loading and more enhanced completions early on. In contrast, the oilier Scoop began to take off in 2010-2011. The drop in oil prices dramatically impacted rig count, which dropped from 70 rigs prior to the Thanksgiving 2014 OPEC meeting to fewer than 10 in July 2016. "Though each play has seen cyclic drilling and completion activity, they were hot again by end of last year," he said. According to Chu, these two plays are driving production growth, which is expected to be up 10% this year, for the state. "These plays are competitive," Debe- lius said. "Everything we are seeing indi- cates there will be continued activity in this area." What's next? Operators are continuing to drill the Scoop and Stack, and work already is taking place to delineate the pro- ducible extent of the play. Genscape is following play extension being car- ried out by companies like Alta Mesa and Tapstone, which are testing both to the east and west of the Stack to determine the lat- eral extent of the play. "In the Scoop the Syca- more is the emerging tar- get," Chu said, explaining that the Woodford layer had been the focus until a couple of years ago, when the Springer, which over- lays the Woodford, was identified as a target. IHS Markit has vali- dated some of Tapstone's results. According to Kugler, one promising area is northwest of what traditionally has been con- sidered the Stack. "They've had some good results," he said, "and there may be more discoveries in the Anadarko Basin." Not much exploration is going on elsewhere, Kugler explained, noting that there are other areas like the Powder River Basin that have some poten- tial. "It's going to be perhaps not as grandiose as finding the next Permian, but individual compa- nies may be able to find their 'next Permian' in the area," he said. n IHS Markit Play Designation Scoop Stack Peak month per 1,000 lateral feet (boe at 20:1) 160% 140% 120% 100% 80% 60% 40% 20% 0% Scoop has essentially flatlined. Stack keeps on an upward path Quarter of first production 2014 Q2 2014 Q4 2015 Q2 2015 Q4 2016 Q2 2016 Q4 Records indicate the Scoop has essentially flatlined in terms of production, while the Stack continues on an upward path (Data courtesy of IHS Markit) Scoop/Stack Peak Productivity Evolution since 2014 A rig is on location for Chaparral in Oklahoma. (Photo courtesy of Chaparral)

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