Well Lateral Length | Drilling / Well Results | Exclusives / Features | Key Wells | Well Spacing | IP Rates-24 Hour | Initial Production Rates | Drilling Activity | Drilling Program-Rig Count
Continental Stays Active in the SCOOP/STACK; Density Pilots, Project Springboard
Print
|
As part of Shale Experts' June update for the SCOOP/STACK plays, we took a look at Continental's latest activity in the play.
In its Q1 report, Continental talked about its new project in the SCOOP - Project Springboard as well as its STACK density pilots.
Density Pilots - STACKThe Company has completed three density pilots that tested four, five and six well configurations in the Springer reservoir. Results indicate that on average, four wells should deliver the maximum PV-10 from the Springer reservoir on a unit basis.
A Springer unit well is projected to recover 1,200 MBoe at a completed well cost of $9.5 million for a 7,500-foot lateral. This is a 28% uplift in EUR from the Company's legacy 940 MBoe type curve for a 4,500-foot standalone well. The Company's unit economic model…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
More Exclusives / Features News
Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…
These Three Companies Will Increase Drilling & Completion Over The Next 3 Year
In the span of fifteen months, three Japanese energy companies committed more than $10.3 billion to U.S. natural gas production assets — a buying spree that has transferred…
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…
Venezuela: Rebuild Potential vs. Stop/Start Reality — What It Means for International OFS
Venezuela: Rebuild Potential vs. Stop/Start Reality — What It Means for International OFS According to Reuters, Venezuela’s oil sector remains a high-potential but fragile opportunity: it holds massive…
A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It
A handful of recent transactions and capital raises point to a subtle pattern in North American upstream—one that is easy to miss because each event, on its own,…
Mid-Continent - Anadarko Basin News
Comstock to Acquire Assets from Ovation Energy For $62.5 Million
Comstock Resources agreed to acquire substantially all of the assets of Ovation Energy, L.P. for $62.5 million, expanding its producing footprint across multiple U.S. natural gas basins. The…
Devon Energy Corp. First Quarter 2023 Results
Devon Energy Corp., announced first quarter 2023 results. Highlights Oil production reached an all-time high of 320,000 barrels per day in the first quarter Capital activity headlined by…
SandRidge Energy, Inc., First Quarter 2023 Results
SandRidge Energy, Inc., announced first quarter 2023 results. Highlights First quarter net income was $23.8 million, or $0.64 per basic share. Adjusted net income(1) was $25.7 million, or…
PHX Minerals Inc., First Quarter 2023 Results
PHX Minerals Inc., announced first quarter 2023 results. Highlights Net income was $9.6 million, or $0.27 per share, compared to net income of $3.3 million, or $0.09 per…
Coterra Energy Inc., First Quarter 2023 Results
Coterra Energy Inc., announced first quarter 2023 results. Highlights Net Income (GAAP) totaled $677 million, or $0.88 per share. Adjusted Net Income (non-GAAP) was $661 million, or $0.87…