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Woodford Shale

Woodford Shale News

PHX Minerals Inc., First Quarter 2023 Results

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…

PHX Minerals Fiscal Second Quarter 2021 Results

PHX Minerals Fiscal Second Quarter 2021 Results

PHX Minerals Inc. reported financial and operating results for the second quarter ended March 31, 2021. Highlights: Production volumes for the second fiscal quarter of 2021 were 2,297…

E&P Plans 500 Completions, 22 Rigs for 2021; Spending Up 11%

E&P Plans 500 Completions, 22 Rigs for 2021; Spending Up 11%

EOG Resources, Inc. reported its 2021 capital plan and its Q4 / full year 2020 results. 2021 Plan - Capex: $3.7-4.1 billion - up 11% at the midpoint…

Large Swath of Oklahoma Land Falls Within Indian Reservation, US Supreme Court Rules

Large Swath of Oklahoma Land Falls Within Indian Reservation, US Supreme Court Rules

In a move that could complicate things for MidCon-focused operators and midstream companies, the US Supreme Court ruled that a large portion of land in Oklahoma is within…

Panhandle's Credit Cut Over 50% to $32MM; Current Debt of $28MM

Panhandle's Credit Cut Over 50% to $32MM; Current Debt of $28MM

Panhandle Oil & Gas has reported changes to its revolving credit facility by its lenders. The amended facility reduces the Company's borrowing base to $32 million effective June…

Panhandle CFO Leaves Company; IR VP Tapped as Replacement

Panhandle CFO Leaves Company; IR VP Tapped as Replacement

Panhandle Oil & Gas announced that Robb P. Winfield, Vice President, CFO, Controller and Corporate Secretary, resigned from his positions on March 9, 2020, effective immediately. Mr. Winfield…

Panhandle OIl & Gas Reports Quarterly Results

Panhandle OIl & Gas Reports Quarterly Results

Panhandle Oil & Gas reported financial and operating results for the first quarter ended Dec. 31, 2019. Chad L. Stephens, CEO, commented, “Please find herein the results reflected…

Panhandle Oil & Gas Names New CEO

Panhandle Oil & Gas Names New CEO

Panhandle Oil and Gas announced that Chad L. Stephens was approved as Chief Executive Officer of Panhandle, effective Jan. 16, 2020. Mr. Stephens was previously Interim Chief Executive…

SCOOP/STACK Drilling Activity Update; Permitting, Rigs

SCOOP/STACK Drilling Activity Update; Permitting, Rigs

We are taking a look at permit activity in Oklahoma, home of the Anadarko Basin and the SCOOP, STACK and various other targets. 2019 Permits As seen below,…

Panhandle Oil & Gas Talks 3Q / Nine Month 2019 Results

Panhandle Oil & Gas Talks 3Q / Nine Month 2019 Results

Panhandle Oil & Gas reported financial and operating results for the third quarter and nine months ended June 30, 2019. Paul F. Blanchard Jr., President and CEO, commented,…

Woodford Shale Top Operators (Undrilled Permits)

Company Last 12 Months
Continental Resources, Inc. 27
Devon Energy Corp 23
Coterra Energy 17
locked 13
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Woodford Shale Drilling Permits Trends (Last 24 Months)

Woodford Shale Well Completion Trend

Woodford Shale Map

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Woodford Shale Rig Data: August 23, 2026

Woodford Shale Overview

Located in southeastern Oklahoma, the Woodford shale play is the 2nd oldest gas-producing formation in the U.S., behind its Texas neighbor the Barnett. It is generally viewed as a relatively shallow reservoir, with most wells targeting zones above the 150-foot mark.

Companies with the highest Woodford acreage holdings include Devon Energy, Newfield Exploration and Continental Resources.

 

Woodford Shale Mergers & Acquisitions

Woodford Shale Transactions By Quarter ($MM)