Scoop

Gulfport Energy Corp. continued to lean on the Utica Shale, which helped it to outperform expectations and beat guidance during the first quarter, when it got to work on building a new core asset into its portfolio in the South Central Oklahoma Oil Province (SCOOP).

Newfield Exploration Co. offered what some analysts took to be a conservative outlook for activity in 2017, but during a conference call Wednesday, CEO Lee Boothby said the company is ready “to step on the accelerator” when stronger commodity prices and incremental cash flow give it the incentive.

Gulfport Energy Corp. has plans this year to get familiar with the South Central Oklahoma Oil Province (SCOOP), hoping to transfer what it’s learned during the last five years in Ohio’s Utica Shale to the Midcontinent’s stacked pay potential.

Private equity-backed Casillas Petroleum Resource Partners LLC announced a $294 million deal late Monday with Continental Resources Inc. to buy up 30,000 net acres in the SCOOP (South Central Oklahoma Oil Province) of the Anadarko Basin.

A subsidiary of Tulsa-based Velocity Midstream Partners LLC said Monday that it has entered a joint venture (JV) with CVR Refining LP to construct a crude oil pipeline and terminal that would link production from the South-Central Oklahoma Oil Province (SCOOP) to a nearby refinery.

Enable Midstream Partners LP, lifted by increasing natural gas volumes from the Anadarko Basin’s South-Central Oklahoma Oil Province (SCOOP), is looking for business ventures both in the Midcontinent and across the U.S. onshore, the company’s CEO said Wednesday.

The best producing areas around the South-Central Oklahoma Oil Province (SCOOP) may be “on par” with the Eagle Ford and Bakken shales, able to generate more than 1 million boe/d by 2020, according to an analysis by Wood Mackenzie Ltd.

Continental Resources Inc. (CLR) executives made one thing clear during an investor conference on Thursday: the Bakken Shale may have brought it to the dance, but Oklahoma is taking it back home.

Continental Resources Inc. (CLR) had prospectors beating a path to Oklahoma following strong well results two years ago in the South Central Oklahoma Oil Province, which it dubbed the SCOOP. Initial well results from a stealth discovery that it disclosed Thursday in the heart of the SCOOP, the Springer Shale, may draw even more.