Chaparral Energy Inc., a pure-play operator focused on the STACK (Sooner Trend of the Anadarko Basin, mostly in Canadian and Kingfisher counties) play in Oklahoma, said it has entered into an agreement to purchase 7,000 contiguous net acres in the latter county for $60 million in cash.
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Articles from Stack
Chaparral Selling EOR Assets in STACK for $170M
Oklahoma-focused Chaparral Energy Inc. said Friday it is taking $170 million from an undisclosed buyer for the North Burbank and Texas Panhandle enhanced oil recovery (EOR) assets within the STACK, aka the Sooner Trend of the Anadarko Basin, mostly in Canadian and Kingfisher counties.
October 13, 2017
East STACK NatGas System to Serve Southeastern Oklahoma
A new natural gas gathering system in southeastern Oklahoma is underway to serve producers working in a growing area of the myriad stacked reservoirs.
September 19, 2017
Silver Run STACK-ing Assets in Takeover of Alta Mesa, Kingfisher Midstream
Houston’s Silver Run Acquisition Corp. II, helmed by former Anadarko Petroleum Corp. chief Jim Hackett, agreed late Wednesday to combine with Oklahoma-focused producer Alta Mesa Holdings LP and Kingfisher Midstream LLC.
August 17, 2017
Devon Trims 2017 Capex on Efficiency Gains, with Focus in Permian, STACK
Driven by drilling and completion efficiency gains in the Permian’s Delaware sub-basin and in the Midcontinent during the first half of the year, Devon Energy Corp. is trimming its 2017 capital expenditure (capex) budget by $100 million, reflecting an emphasis on returns over growth.
August 2, 2017
Devon Touts Record 6,000 Boe/d Well in STACK’s Meramec Formation
Devon Energy Corp. has completed a record-setting well in the over-pressured oil window of Oklahoma’s STACK (aka the Sooner Trend of the Anadarko Basin, mostly in Canadian and Kingfisher counties), management said Tuesday.
July 11, 2017
Oklahoma Leads Rig Gains as STACK Play Pops by Four
Oklahoma led the states in drilling rig additions during the week ended Friday, adding five units to end at 131 active, according to Baker Hughes Inc. (BHI). That’s up sharply from the year-ago tally of 58 active rigs.
June 9, 2017
Three U.S. Natural Gas Rigs Return to Action
Oklahoma led the states in drilling rig additions during the week ended Friday, adding five units to end at 131 active, according to Baker Hughes Inc. (BHI). That’s up sharply from the year-ago tally of 58 active rigs.
June 9, 2017
Tall Oak Expanding Midcon System to Serve Growing STACK Production
Tall Oak Midstream II LLC is building out its Midcon System to better serve growing production from Oklahoma’s Northwest Sooner Trend of the Anadarko Basin, mostly in Canadian and Kingfisher counties, also known as the STACK.
April 26, 2017
Chaparral Emerges From Bankruptcy, Focused on STACK in 2017
After emerging from Chapter 11 proceedings $1.2 billion in debt lighter, Midcontinent-focused Chaparral Energy Inc. is budgeting $135-$155 million in 2017 to develop its position in Oklahoma’s Sooner Trend of the Anadarko Basin, mostly in Canadian and Kingfisher counties (aka, the STACK).
April 10, 2017
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