Exploration & Production | Well Cost | Well Lateral Length | Top Story | Key Wells | IP Rates-24 Hour | Initial Production Rates | Capital Markets | Private Equity Activity
Gastar IPs First Operated STACK / Meramec Well
Print
|
Gastar Exploration Ltd. has announced the results of the Deep River 30-1H well, its first operated test of the STACK formation Meramec Shale in Oklahoma.
The well commenced flow back on October 28th and has been gradually increasing oil and gas production to a recent initial peak 24-hour rate of 1,094 Boe per day (71% oil) and 1,549 barrels of completion fluids recovered per day. The Deep River 30-1H was producing at a most recent 10-day average oil and natural gas rate of 1,042 Boe per day (71% oil) and an average of 1,364 barrels of completion fluids per day. Gastar has a 100% working (80% net revenue) interest in the well. This Meramec Shale test well, located in Kingfisher County, was completed with 34 frack stages, placing approximately 12 million pounds of proppant in an…
- ✓ 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 Key Wells News
Comstock Delivers Strong Q1 2025 — Olajuwon Pickens #1 Steals the Spotlight
Comstock Resources entered 2025 with renewed momentum as it resumed completions and posted a solid financial and operational performance in the first quarter — but it was the…
Kolibri Preps to Drill Three Wells at SCOOP Prospect
Kolibri Global Energy Inc. provided an update on its operations located in the Company’s Tishomingo field in Oklahoma. Operations The Company has completed the location work for the…
APA Corp. Strikes Oil Offshore Suriname at Baja-1 Well; Dry Hole at Block 58
APA Corp. announced an oil discovery offshore Suriname at Baja-1 in Block 53 and provided an update on recent drilling operations at Dikkop-1 in Block 58. Baja-1 was…
APA Corp. Hits Pay at Krabdagu Exploration Well Offshore Suriname
APA Corp. announced flow test results from the Krabdagu exploration well (KBD-1) on Block 58 offshore Suriname. APA Suriname holds a 50% working interest in the block, with…
ExxonMobil, Murphy Come Up Empty at Cutthroat-1 Well Offshore Brazil
Murphy Oil Corp. and ExxonMobil announced that drilling has concluded at the Cutthroat-1 exploration well in block SEAL-M-428 in the Sergipe-Alagoas Basin offshore Brazil. While the presence of…
North America News
Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…
Whitecap Details 2026 Duvernay & Montney Program
Whitecap Resources reported strong third quarter 2025 operating and financial results, marking its first full quarter following the strategic combination with Veren that closed on May 12, 2025.…
ARC Resources: Lower 2026 Capex, Higher Volumes
ARC Resources used its third quarter update to reinforce a familiar message to Canadian E&P executives: disciplined capital, structurally better market access, and a growing shareholder return program…
Baytex 2026 Development Plans
Baytex’s 2026 development plan reflects a post–Eagle Ford sale capital program and a sharpened focus on its core Canadian assets. The Company approved 2026 exploration and development expenditures…
Tourmaline: 2026 Capital Program Locked In at $2.9B
Tourmaline’s 2026 exploration and production (EP) program is set at $2.9 billion and targets average production of 690,000–710,000 boepd, with the company maintaining the multi-year EP Plan released…