The EIA from this month is adding a new basin, Anadarko, located largely in western Oklahoma – which contains areas known as the ‘Scoop’ and ‘Stack’ plays.
Marathon Oil, is also a key player here, making the Scoop and Stack its key focus for 2017 capex (MEES, 12 May). The firm’s Q2 results flag up a 11% quarter-on-quarter gain in ‘unconventional Oklahoma production’ to 49,000 boe/d net. Liquids accounts for just over half of this – some 26,000 b/d for Q2. (CONTINUED - 278 WORDS)