Oklahoma STACK development still in first inning. News Oklahoma.
There's been some home runs with monster oil wells coming online, but development in Oklahoma's STACK formation is still very much in the first inning, executives said Thursday at the DUG MidContinent conference in Oklahoma City. That baseball metaphor was referenced by several presenters as companies outlined their plans for continued development of the STACK, broadly defined as six counties west and northwest of Oklahoma City. Newfield Exploration Co. was an early pioneer in the STACK and gave the play its name, which stands for Sooner Trend, Anadarko (Basin), Canadian and Kingfisher (counties). Companies are drilling into several formations in the area using horizontal drilling and hydraulic fracturing. Newfield drilled is first STACK horizontal well in 2012. Newfield has grown its STACK acreage to 350,000 net acres.
Other Sweet 16 companies in STACK:
Continental Resources (CLR)
Devon Energy (DVN)
Cimarex Energy (XEC)