STACK Operator Files for Bankruptcy After Last-Ditch Drop in Activity-Alta Mesa Resources Inc. and several of its affiliates (including Alta Mesa Holdings LP, Alta Mesa Holdings GP, LLC, OEM GP, LLC, Alta Mesa Finance Services Corp., Alta Mesa Services, LP and Oklahoma Energy Acquisitions, LLC) have filed for bankruptcy. The… Continue Reading
Layer Cakes: The Geology of Oklahoma’s SCOOP and STACK-The economics of oil and gas drilling in the US have changed since 2014, when oil prices entered their current protracted slump. Between 2011 and the end of that year, the price of oil was so high that almost any… Continue Reading
The SCOOP On Oklahoma And How It’s STACKing Up-Summary The broad decline in the rig count in Oklahoma over the last year has likely reflected oil price volatility as well as increased drilling efficiencies. The trend in recent months for the SCOOP and STACK has been bifurcated, with… Continue Reading
Anadarko Region Drilling Productivity Report-August 2019: drilling data through July projected production through September Monthly additions from one average rig are up 10 barrels/day month over month and up 17 thousand cubic feet/day month over month. READ MORE HERE Continue Reading
