Scoop

Gulfport Keeping Utica Natural Gas Curtailed to Await Better Prices

Gulfport Keeping Utica Natural Gas Curtailed to Await Better Prices

Gulfport Energy Corp. is still curtailing Appalachian natural gas production in anticipation of better prices later this year and into 2021.  Given an uncertain economic outlook, weak energy demand and a slight rebound in associated gas volumes, Gulfport remains “cautious near-term on natural gas pricing,” said CEO David Wood during a call to discuss second…

August 6, 2020

Continental Proves Its Primacy in Oklahoma’s SCOOP and STACK

Oklahoma City, OK-based Continental Resources Inc. turned in a third quarter earnings report that beat expectations across the board, but results in Oklahoma demonstrated the company’s dominance as one of the only producers to continuously outperform in a play that has sent multiple operators running.

November 1, 2019
Encana Halts STACK Well Completion Following Two Earthquakes

Encana Halts STACK Well Completion Following Two Earthquakes

Encana Corp. has paused a well completion operation in the heart of Oklahoma’s stacked oil and gas formations following two earthquakes that measured 3.2- and 3.9-magnitude.

July 26, 2019

Gulfport’s 2Q Production Bounces Back as More Wells Turned to Sales

Gulfport Energy Corp. reported increased production during the second quarter as it turned more wells to sales following a slower stretch of completions activity at the end of 2018.

July 22, 2019

Gulfport Kicks Off Monetization Process with Small Sale of Marcellus Rights

Gulfport Energy Corp. said Friday it is making progress to simplify its portfolio as it zeros in on core assets in Ohio’s Utica Shale and the South Central Oklahoma Oil Province (SCOOP).

May 3, 2019

Gulfport 1Q Production Declines but Volumes Poised to Increase Through End of Year

Gulfport Energy Corp.’s production dipped in the first quarter following a slower operational period in late 2018 that the company anticipated ahead of a ramp in activity that started earlier this year.

April 22, 2019
Utica, SCOOP Keep Driving Production Gains for Gulfport

Utica, SCOOP Keep Driving Production Gains for Gulfport

Strong core production from the Utica Shale and the South Central Oklahoma Oil Province (SCOOP) again helped Gulfport Energy Corp. increase volumes in the third quarter, even though it turned fewer wells to sales than analysts had expected.

October 19, 2018
BNK Spuds SCOOP Well, Planning Another Soon

BNK Spuds SCOOP Well, Planning Another Soon

International producer BNK Petroleum Inc., whose U.S. operations are centered in the Ardmore Basin, has spud a well in the Tishomingo field of the South Central Oklahoma Oil Province (SCOOP) and said it plans to participate in another well this month.

August 31, 2018

Gulfport Again Lifts Production Guidance on Utica, SCOOP Performance

Strong performance during the first six months of the year has prompted Gulfport Energy Corp. to again increase its 2018 production guidance.

August 10, 2018
Continental Raising Guidance, Capex with Bakken, Midcon Growth in Sight

Continental Raising Guidance, Capex with Bakken, Midcon Growth in Sight

Continental Resources Inc. raised its production guidance and increased capital expenditures (capex) for the year, as it plans to deploy more rigs in the Bakken Shale and a multi-year development program targeting Oklahoma’s myriad stacked reservoirs.

August 9, 2018
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