Scoop

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

Gulfport Lifts Production Guidance on Utica, SCOOP Outperformance

Strong performance from the company’s “base production wedge” in Ohio’s Utica Shale and new wells turned to sales in the South Central Oklahoma Oil Province (SCOOP) during the first quarter have prompted Gulfport Energy Corp. to increase its full-year production guidance, management said Wednesday.

May 10, 2018
Continental Profits Surge in 1Q; SCOOP Development Launched

Continental Profits Surge in 1Q; SCOOP Development Launched

Higher oil prices drove a surge in profits and revenues for Continental Resources Inc. in the first quarter, as the company kicked off an ambitious multi-year oil development program targeting Oklahoma’s myriad stacked reservoirs.

May 3, 2018

Continental Inks Agreement for Project Wildcat Natural Gas Capacity

Continental Resources Inc. said it has signed a firm transportation agreement with Enable Midstream Partners LP for the entire takeaway capacity of Project Wildcat, a 400 MMcf/d natural gas pipeline that would connect the Midcontinent with North Texas.

April 27, 2018
Gulfport’s Utica, SCOOP Quarterly Output Tracking 2018 Guidance

Gulfport’s Utica, SCOOP Quarterly Output Tracking 2018 Guidance

The Utica Shale and South Central Oklahoma Oil Province (SCOOP) helped Gulfport Energy Corp. increase year/year production by 52% in the first quarter.

April 19, 2018

FERC Green Lights Blue Mountain Natural Gas Delivery Line in Oklahoma

Linn Energy Inc. subsidiary Blue Mountain Midstream LLC has been given the go-ahead by FERC to construct a residue natural gas line to help expand Oklahoma takeaway.

March 14, 2018

Brief — Velocity Midstream Partners

Velocity Midstream Partners LLChas begun construction of a 22-mile long, 12-inch diameter crude oil pipeline extension linking the core of the Merge play to its South-Central Oklahoma Oil Province (SCOOP) pipeline assets, and expects to have it in operation next month. Velocity has completed construction of a 45-mile, 12-inch diameter oil pipeline loop of its existing condensate pipeline through the fairway of the SCOOP, a project that it said is supported by expanded commitments from Continental Resources Inc.and CVR Refining LP. Velocity and CVR entered ajoint venturein 2016 to construct a crude oil pipeline and terminal that would link production from the SCOOP to a nearby refinery. Velocity’s system is now comprised of 125 miles of pipeline capable of flowing 250,000 b/d, along with 395,000 bbl of storage and 26 truck unloading bays capable of unloading more than 100,000 b/d.

March 6, 2018
Oklahoma Updates Seismicity Protocol for SCOOP, STACK Plays

Oklahoma Updates Seismicity Protocol for SCOOP, STACK Plays

Regulators in Oklahoma say data gathered since seismicity guidelines went into effect in late 2016 supports new requirements for oil and gas operators planning to drill in the state’s stacked reservoirs, thereby reducing the chances of future earthquakes from completion activities.

February 28, 2018
Gulfport’s SCOOP Team Validates Springer Shale, Eyes Sycamore

Gulfport’s SCOOP Team Validates Springer Shale, Eyes Sycamore

Gulfport Energy Corp. reported encouraging results from its first Springer Shale well in the South Central Oklahoma Oil Province (SCOOP), which yielded a strong oil cut and which may lead to continued delineation efforts.

November 29, 2017
SCOOP Activity, Utica Land Grab Drive Up Gulfport’s Costs

SCOOP Activity, Utica Land Grab Drive Up Gulfport’s Costs

An active year in which it set out to delineate the South Central Oklahoma Oil Province (SCOOP), along with a push to acquire and trade for leasehold in core areas, has led Gulfport Energy Corp. to increase 2017 capital spending by 10.5% this year to $1.16 billion.

November 3, 2017