DUG Midcontinent Conference Whats New in SCOOP South Central Oklahoma Oil Province April 23, 2013
The What, Where and Why of the SCOOP SCOOP South Central Oklahoma City Oklahoma Oil Province SCOOP Surrounded by four prolific giant (100 MMBO) oil fields Cement Sho-Vel-Tum: 1,700 MMBoe Golden Trend: 1,020 MMBoe Oklahoma City:…
Oil Rich Province with Multiple Productive Horizons Deese: 900 MMBo, 3.2 Tcf Several prolific oil-producing Springer: 750 MMBo, 3.9 Tcf Deese Big 4: 400 MMBo, 2.5 Tcf formations are developed Bromides: 800 MMBo, 1.6 Tcf within the…
The Woodford Horizontal Play Continues to Expand Strat Column Oklahoma/Tx Panhandle CANA System Series Formation Cret eroded WOODFORD Leonard Permian Brown Dolomite A Wolfcamp Douglas SS Virgilian Tonkawa SS Lansing Ls…
Woodford Shale Oil Content Improves in SCOOP IP Oil IP Gas ARKOMA CANA SCOOP ARDMORE (BOED) (MMcfd) DRY GAS 12 Bbl Oil/ MMcf 33 Bbl Oil/ MMcf 50 Bbl Oil/ MMcf As the Woodford Shale play moves from more mature areas (Arkoma ) to…
S. E. Cana Woodford TYPE LOG Thickness ranges from 100 to over 400 Typical TOC range for the play is 3% - 10% (volume percent)(2) 10% (1) Maturity (Ro) within the Golden Trend Field ranges between 0.7 and 1.1 from core and…
Industry Activity Shifts to Southeast Cana Cana Woodford Wells Drilled by Woodford horizontal activity shifted to Grady and Garvin Quarter counties in early 2012 80 70 The most active operators and participants in the area are…
Improved Drilling Continues to Benefit Economic Returns Industry lessons have translated well Drilling Learning Curve from Canadian County to the SE Cana 220 area 200 Drilling days of 40-45 days (17,000 MD) 180 with D&C costs of 8…
EROC SCOOP Acreage De-Risked by Industry Activity Industry Activity(1) 13 rigs active in SE Cana 2012 Industry Results(2) Beckham 1-27H (IP30): 896 Boe/d (21% oil) Kelly 1-2H (IP30): 1,042 Boe/d (36% oil) Poteet 1-17H (IP30):…
EROCs S. E. Cana Horizontal Woodford Locations S. E. Cana Industry Activity(1) 69 producing wells 19 wells waiting on completion 13 drilling wells EROC Activity(2) Horizontal Woodford production (from 6 wells) is 970 BOE/d…
SCOOP Woodford Horizontal Potential Production from Select SE Cana Wells EROC Woodford Position Woodford EURs range: 0.8 1.6 MMBOE 16,000 net acres in SCOOP (95% HBP) 683 potential 80 acre locations Avg. Operated WI = 43% Avg.…
SCOOPs Development Future The prolific oil targets in South Central Oklahoma will continue to see strong industry development in both the horizontal Woodford play and the Bromides, Big 4 and Deese horizons Dual-section Woodford…