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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News Date
MCS - Gulfport delivers consistent, repeatable results across SCOOP - September 11, 2019
Gulfport Energy’s 2019 drilling and completion program in the SCOOP play is meeting expectations and delivering consistent and repeatable results across its acreage position. The company has achieved efficiencies on both the drilling and completion sides during H1. Gulfport’s spud-to-rig-release times during H1 averaged 52.1 days after normalizing laterals to 7,500 ft, down 17% compared to the 2018 average. The company drilled six woodford wells and one Sycamore well with laterals...
Sep 11, 2019
MCS - Roan reduces drilling & completion costs, lowers capex - September 11, 2019
Roan Resources made strides in capital efficiency during Q2. The company drove drilling costs per foot down 25% versus Q1 to $140/ft. The Fusaichi Pegasus 9-4-13-6 3MXH well was drilled in a record 6.4 days, nearly 60% faster than the average drill time for 2-mile Mayes wells. Completion costs also fell, dropping 20% from Q1 because of lower service costs, more efficient frac designs and more efficient drillouts. D&C efficiencies contributed to Q2 capital expenditures of $114.3 million being...
Sep 11, 2019
MCS - Regional Highlights -September 11, 2019
The EIA projects that Anadarko Basin production will fall by 3,000 bo/d and 55 MMcf/d sequentially in September to 579,000 bo/d and 7.508 Bcf/d. There are 904 DUCs in the Anadarko Basin as of July, down by 32 from...
Sep 11, 2019
MCS - Riviera Resources Highlights - September 11, 2019
Riviera Resources, a successor corporation to Linn Energy, has agreed to sell its remaining assets in the Hugoton Basin of southwest Kansas and Oklahoma to Scout Energy Partners for $295 million. The upstream assets include ~1 million net acres (100% HBP, 98% operated, 97% WI, 85% NRI) in the Hugoton, 771 Bcfe of PDP reserves and current production of 104 MMcfe/d (72% gas).The assets also include the 450 MMcf/d capacity Jayhawk gas processing plant, which has current throughput of 260 MMcf/d,...
Sep 11, 2019
MCS - Millennial Energy Partners Highlights - September 11, 2019
Millennial Energy Partners LLC, through its subsidiary MEP Oklahoma LLC, has retained EnergyNet to assist in the sale of certain STACK acreage in Dewey and Ellis counties, Oklahoma. The position consists of 7,128 net leasehold acres (51,200 gross), of which only 12 net acres are HBP. The acreage holds potential to for 57 contiguous 2-mile drilling units. Bids are due by Sept....
Sep 11, 2019
MCS - Chaparral Energy Highlights - September 11, 2019
Chaparral Energy has retained EnergyNet to assist in the sale of certain operated and non-operated producing Anadarko Basin assets. The assets are located in Grant, Garfield, Major, Blaine, Dewey, Kingfisher, Caddo, Alfalfa, Logan and Woodward counties, Oklahoma. They include operated working interests in 104 wells, non-operated working interests in 95 wells and additional ORRIs. The wells have averaged gross production of 27.63 MMcfe/d (88% gas) over the last six...
Sep 11, 2019
MCS - Marathon’s latest STACK infills achieve industry-leading CWCs - August 28, 2019
Marathon Oil’s D&C program in Oklahoma for 2H19 is focusing on oilier parts of the SCOOP and STACK plays. The STACK infill drilling program is already realizing improved capital efficiency, a key goal of the company’s 2019 program. The last six wells have achieved what Marathon says are industry-leading completed well costs averaging $6.3 million apiece, normalized for 10,000-ft laterals. These wells are located in central Blaine County on the border with Kingfisher County across two...
Aug 28, 2019
MCS - Unit continues Red Fork success, expands Penn Sands position - August 28, 2019
To take advantage the best economics in its portfolio, Unit Corp. accelerated drilling in its oil-prone Penn Sands play in western Oklahoma during Q2. The focus was on the Thomas Red Fork, where the company’s initial well has produced a cumulative 440,000 boe (52% oil, 22% NGLs) since it was completed last September 2018. The well originally delivered an IP30 of 2,000 boe/d and is now averaging 600 boe/d. During Q2 and early July, Unit brought three new Red Fork wells online, all...
Aug 28, 2019
MCS - Regional Highlights - August 28, 2019
The EIA projects that Anadarko Basin production will fall by 3,000 bo/d and 55 MMcf/d sequentially in September to 579,000 bo/d and 7.508 Bcf/d. There are 904 DUCs in the Anadarko Basin as of July, down by 32 from...
Aug 28, 2019
MCS - Continental Resources Highlights - August 28, 2019
Continental Resources’ SCOOP and STACK oil production increased 35% YOY in Q2, averaging 36,337 bo/d. This increase was driven by the strategic shift to oil-weighted assets and commencement of Project SpringBoard in 2018. Total Q2 volumes from the plays increased 10% YOY to 128,777 boe/d. During the quarter, the company completed and brought online 22 operated wells. Continental is on track to achieve its SpringBoard oil production growth target of 18,000 bo/d in Q3. The company is targeting...
Aug 28, 2019

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