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Crowd-sourced averages for Midcontinent activity in second-quarter 2017 include 38 stages and 2,172 m (7,125 ft) for horizontal laterals in the SCOOP/ STACK and 29 stages and 1,676-m (5,500-ft) laterals in the shallower Mississippi Lime play.
Rig rates were up 6% on average to ,300 sequentially in second-quarter 2017 for the benchmark 1,500-hp AC-VFD Tier I rig, although contractors cited pricing from ,000 to ,500 per day, mostly on well-to-well work.
Gate 1 Travel has provided quality, affordable escorted tours, river cruises and vacation packages for more than 35 years.
A second series ran from 2014 to 2016, and a third series is planned for a 2018 release.
There have been some blockbuster E&P mergers in the Anadarko Basin over the last year. and Citizen Energy II LLC’s joint combination of 140,000 net acres into Roan Resources LLC, which places an exclamation point on why the Anadarko Basin is one of the nation’s hot spots. 1 Anadarko narrative involves the migration to Mississippian-era targets west of Oklahoma City.
Respondents cited average 61-m (199-ft) spacing between stages, down from 75 m (246 ft) one year ago.