oil & gas assets

MidContinent Scout

Serving the local market with drilling activities, permits & multiple listings

MidContinent Scout
PLS's MidContinent Scout covers regional drilling, discoveries and developments in Oklahoma, Texas Panhandle, (RRC 10), North Texas (RRC 7B & 9), Kansas and Nebraska. The report also covers permit stats, completions and P&A activity, as well as describing business opportunities listed for sale in the Woodford, Mississippi Lime, Barnett, Granite Wash, Eastern Niobrara and the region's historically productive conventional plays

  • Stay in front of local prospects, plays & rigs!
  • Oklahoma, Kansas, Nebraska, TX Panhandle, North Texas
  • Hard Copy and Email For 1 Individual
  • Every 2 Weeks (22-25 issues per year)
  • Regional discoveries, drilling activity, permits, completions and summary drilling statistics, layered with regional listings and business opportunities
  • Web access to the MidContinent Scout archive
  • Does not include access to MLS


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MCS - Ovintiv takes one-year Anadarko Basin victory lap - February 12, 2020
Ovintiv has achieved tremendous success in its Anadarko Basin operations since it acquired Newfield Exploration for $7.7 billion last February. The company Encana until recently had been watching operations in the SCOOP and STACK from the sidelines for years and thought that its cube-style development and operational expertise could greatly improve returns in those plays. A year into operating in the basin, it appears the company was right. Since the acquisition closed, Ovintiv has...
Feb 12, 2020
MCS - Casillas scores a personal best in the Sycamore - February 12, 2020
Casillas Petroleum brought online a Sycamore horizontal in Stephens County, Oklahoma, that delivered the third-highest IP24 on record for the formation and highest Sycamore IP24 in the county. The Park Place #1-21-16MXH was completed with a 9,398-ft effective lateral fracked with 19 MMlb of proppant, or 2,017 lb/ft. During a 24-hour test, the well produced 2,377 boe/d (77% oil), or 253 boe/d per 1,000 lateral ft, on a 2-inch choke at 1,515 psi FTP. This is the company’s highest unconventional...
Feb 12, 2020
MCS - Regional Highlights - February 12, 2020
The US Energy Information Administration projects that Anadarko Basin production will fall by 16,000 bo/d and 148 MMcf/d sequentially in February to 535,000 bo/d and 7.495 Bcf/d. There are 632 DUCs in the Anadarko Basin as of December, down by 54 from...
Feb 12, 2020
MCS - Alta Mesa Resources Highlights - February 12, 2020
A federal judge approved the sale of bankrupt Alta Mesa Resources’ upstream assets and midstream subsidiary Kingfisher Midstream to a JV of Bayou City Energy Management and Mach Resources in a Jan. 15 auction for a combined $320 million. The decision came after Judge Marvin Isgur earlier rejected BCE-Mach III’s stalking-horse bid over its 3% breakup fee. The final bid covers only a portion of Alta Mesa’s $1 billion debt load and is far shy of the $3.8 billion deal with Silver Run Acquisition...
Feb 12, 2020
MCS - Winchester Energy Ltd Highlights - February 12, 2020
Winchester Energy Ltd. acquired a 92% stake in the Bast oil field in Nolan County, Texas, from an undisclosed seller. The field covers 320 acres held by production and features targets in the Cisco...
Feb 12, 2020
MCS - Galatyn Minerals Highlights - February 12, 2020
Fort Worth, Texas-based Galatyn Minerals retained RedOaks Energy Advisors to assist in the sale of SCOOP and STACK mineral and royalty assets. The offering consists of 1,425 net mineral acres and 2,161 net royalty acres. There are 94 producing horizontal wells and 72 drilling spacing units projected to generate $1.4 million of cash flow this year. Operators across the position are Ovintiv (formerly Encana), Continental Resources, Marathon Oil and EOG Resources. Offers are due by Feb. 27...
Feb 12, 2020
MCS - Continental’s overpressured STACK delivers best wells of 2019 - January 29, 2020
During 2019, Continental Resources was not only the most active operator in the Anadarko Basin, but was also responsible for the most productive wells in the play. In Blaine County, Oklahoma, the company’s Reba Jo 7-13-24XHM and Reba Jo 5-13-24XHM delivered the top initial 24-hour oil rates in the basin at 4,168 bo/d and 3,615 bo/d, respectively, from the Meramec. The 7-13-24XHM was completed with 21 MMlb of proppant across a 10,244-ft effective lateral (2,067 lb/ft) and produced a total IP24...
Jan 29, 2020
MCS - Gulfport adds SCOOP producers, reduces drill times - January 29, 2020
At the beginning of December, Gulfport Energy completed two wells on the Dale lease in Grady County, Oklahoma. The Dale #5-13X12H was completed with a 10,144-ft effective lateral using 24.2 MMlb of proppant (2,394 lb/ft). During a 24-hour test, the well produced 2,062 boe/d (41% oil), or 203 boe/d per 1,000 lateral ft, from the Woodford on a 38/64-inch choke. The Dale Ls #3-13X12H had a much shorter effective lateral at 4,919 ft and was fracked with 15.2 MMlb of proppant (3,095 lb/ft). For this...
Jan 29, 2020
MCS - Regional Highlights - January 29, 2020
The EIA projects that Anadarko Basin production will fall by 16,000 bo/d and 148 MMcf/d sequentially in February to 535,000 bo/d and 7.495 Bcf/d. There are 632 DUCs in the Anadarko Basin as of December, down by 54 from...
Jan 29, 2020
MCS - Corterra Energy Highlights - January 29, 2020
Corterra Energy is seeking buyers for operated and non-operated assets located across several counties in Oklahoma within the liquids-rich fairway of the Arkoma Basin. The offering includes rights to active Mississippian targets, including the Caney and Mayes formations. This large, contiguous position enables drilling and/or greater participation in extended laterals across the basin. The assets cover 65,600 net acres (55% operated) with average operated interests of 49% WI and 39% NRI...
Jan 29, 2020

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