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Unconventional Yearbook 2018

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34 | January 2018 | hartenergy.com 2018 UNCONVENTIONAL YEARBOOK | KEY PLAYERS Gulfport Energy Corp. ■ About 211,000 net acres in the Utica Shale ■ About 87,700 net acres in the Scoop play Gulfport Energy Corp. has operations in the Utica Shale, Southern Louisiana and the Scoop play. The independent company provided estimated 2017 production guidance of 1,065 MMcfe/d to 1,100 MMcfe/d, according to Gulfport's website, and the company produced 1,038.4 MMcfe/d in second-quarter 2017. In the Utica Shale Gulfport has about 211,000 net acres (about 75% dry gas), and at year-end 2016 the company reported about 2.3 net Tcfe of proved reserves. The company also reported six gross operating rigs and 857.2 MMcfe/d production in second-quarter 2017. During second-quarter 2017 Utica production accounted for about 83% of Gulfport's total net production, according to the company's website. Gulfport planned to run about six operated rigs in 2017 in the Utica Shale. The company's 2017 planned operated activity included drilling 87 to 97 gross (67 to 74 net) wells and turn- to-sales 72 to 80 gross (61 to 67 net) wells in the Utica. The company's 2017 planned nonoperated activity included drilling 30 to 34 gross (10 to 11 net) wells and turn-to-sales 42 to 46 gross (9 to 10 net) wells in the Utica, Gulfport said on its website. Gulfport's Scoop play has about 87,700 net acres, and in second-quarter 2017 the company reported four gross operating rigs and 162 MMcfe/d produc- tion of about 69% natural gas, about 21% NGL and about 10% oil. Gulfport planned to run about four operated rigs in 2017 in the Scoop. The company's 2017 planned operated activity included drilling 19 to 21 gross (16 to 18 net) wells and turn-to-sales 17 to 19 gross (14 to 16 net) wells in the Scoop. The company's 2017 planned nonoperated activity included drilling 10 to 12 gross (one to two net) wells and turn-to-sales 10 to 12 gross (one to two net) wells in the Scoop, Gulfport said on its website. Gulfport's Southern Louisiana assets include its West Cote Blanche Bay and Hackberry fields. In Southern Louisiana the company has about 10,834 net acres, 2.6 net MMboe of proved reserves, 100- plus producing horizons and reported 3,022 boe/d production in second-quarter 2017, according to the company's website. During 2017 Gulfport planned to run one drilling rig and one recomple- tion rig at the fields. Hess Corp. ■ About 554,000 net acres in the Bakken ■ About 45,000 net acres in the Utica Hess Corp. operates in two U.S. shale plays—the North Dakota Bakken and Three Forks formations, where it produces shale oil and gas, and the Ohio Utica Basin, where the company primarily produce natural gas and NGL. The Nabors B06 Rig operates in the Bakken in North Dakota. (Photo courtesy of Hess)

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