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
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  • 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 - Latigo tallies another top Cleveland HZ in Roberts County - July 17, 2019
Privately held Latigo Petroleum LLC completed an excellent Cleveland horizontal in Roberts County, Texas. The well was completed with a 5,489-ft effective lateral using 6.4 MMlb of sand. During a 24-hour test, the well flowed an IP of 1,075 boe/d (85% oil), or 196 boe/d per 1,000 lateral ft, on a 1-inch choke at 320 psi FTP. This is a top-10 IP24 result for the company and the latest successful Cleveland horizontal on the Mayo Clinic lease in Pan Petro field. Latigo has completed 18...
Jul 17, 2019
MCS - Valpoint scores company-best well in Oswego formation - July 17, 2019
During Q2, Valpoint Operating completed its best well to date. Located in Ellis County, Oklahoma, the Shrewder 26-23 #1H sports a 10,167-ft effective lateral and was completed using 3.5 MMlb of sand. During a 24-hour test, the well produced 1,267 boe/d (85% oil), or 125 boe/d per 1,000 lateral ft, from the Oswego on a 38/64-inch choke at 975 psi FTP. This is the company’s second completion reported to the state in 2019. The first, the Weston 36-25 #1H (8,018-ft lateral, 10.8 MMlb of...
Jul 17, 2019
MCS - Regional Highlights - July 17, 2019
The EIA projects that Anadarko Basin production will fall by 5,000 bo/d and 54 MMcf/d sequentially in August to 585,000 bo/d and 7.511 Bcf/d. There are 939 DUCs in the Anadarko Basin as of June, down by 29 compared to...
Jul 17, 2019
MCS - EnCap Flatrock Highlights - July 17, 2019
Private equity firm EnCap Flatrock Midstream sold 100% of equity in crude oil logistics provider Getka Energy to two other PE firms, HBC Investments and Barcas Investments, for an undisclosed amount. MapleMark Bank of Dallas provided financing for the transaction. Headquartered in Tulsa, Getka focuses on storage, blending and terminal...
Jul 17, 2019
MCS - Encana Highlights - July 17, 2019
EnCana signed an agreement to sell its natural gas assets in Oklahoma's Arkoma Basin to an undisclosed buyer for $165 million. The assets include 140,000 net acres across Atoka, Coal, Haskell, Hughes, Latimer, Le Flore, Pittsburg and Seminole counties and currently produce 77 MMcfe/d (98% gas). The deal is part of Encana’s plan to divest non-core assets after the acquisition of Newfield Exploration. The company also recently terminated Newfield’s production sharing contract with China's...
Jul 17, 2019
MCS - BCE-Mach II Highlights - July 17, 2019
BCE-Mach II signed a purchase and sale agreement to buy producing properties in Beckham, Custer, Dewey, Roger Mills and Washita counties, Oklahoma, and Hemphill and Roberts counties, Texas, from an undisclosed seller. Additionally, in a separate transaction with a different undisclosed seller, BCEMach II agreed to acquire producing properties across 32 counties in Oklahoma and seven counties in Texas. The company is a partnership of Mach Resources and Bayou CIty Energy Management. Bach-Mach...
Jul 17, 2019
MCS - FourPoint scores company-best rates in the Granite Wash - July 03, 2019
Denver-based FourPoint Energy completed a standout well in Roger Mills County, Oklahoma. The Freezeout 17X8-11-26 #1HC was perforated across a 7,581-ft lateral section using 8.6 MMlb of sand and tested at a 24-hour initial rate of 2,861 boe/d (76% oil), or 377 boe/d per 1,000 lateral ft, from the Upper Granite Wash on a 30/64-inch choke at 2,100 psi FTP. This is the company’s highest IP24 to date. FourPoint also recently completed its best-performing gas well. Located in Washita County,...
Jul 03, 2019
MCS - Marathon tallies strong IP rates from Mike Stroud infills - July 03, 2019
Marathon Oil’s Mike Stroud Bia 1509 #2-28-33MXH in Kingfisher County, Oklahoma, delivered an initial 24-hour rate of 3,332 boe/d (54% oil) from a 9,984-ft effective lateral in the Upper Meramec on a 20/54-inch choke, or 334 boe/d per 1,000 lateral ft. This is the highest IP24 Marathon has reported in Oklahoma and is part of an eight-wells-per-section infill program. The initial five wells, which were all completed by the beginning of March, averaged 8,530-ft laterals and flowed initial...
Jul 03, 2019
MCS - Regional Highlights - July 03, 2019
The EIA projects that Anadarko Basin production will fall by 7,000 bo/d and 50 MMcf/d sequentially in July to 554,000 bo/d and 7.386 Bcf/d. There are 963 DUCs in the Anadarko Basin as of May, down by 33 compared to April. The rig count in Oklahoma has fallen by 50 rigs in last year to 103 as of July 2, according to Drillinginfo Rig Analytics. The most active operators are Continental (19 rigs), XTO (nine), Marathon (seven) and Encana (five). One of the more notable decreases in...
Jul 03, 2019
MCS - Gulfport Energy Highlights - July 03, 2019
In Grady County, Oklahoma, Gulfport Energy’s Kael #1-17X20H produced an initial 24-hour rate of 19.7 MMcf/d from an 8,827-ft effective lateral in the Woodford on a 34/64-inch choke. Per 1,000 ft, the well delivered 2.2 MMcf/d. This is the highest IP24 gas rate flowed by the company in the...
Jul 03, 2019

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