STACK
Posted: Wed Dec 13, 2017 3:19 pm
Four of the Sweet 16 at top players in the Oklahoma STACK play: CLR, DVN, NFX and XEC
While the Permian Basin has grabbed the attention of oil companies and their investors in recent years, it's not the only spot where drillers can earn lucrative returns at lower oil prices. In fact, some drillers are finding that the STACK shale play in Oklahoma is just as good, if not better, than the vaunted Permian. That's why they spent billions of dollars to scoop up land in the region over the past few years, which is starting to pay big dividends by fueling remarkable production growth.
The STACK Shale Play 101: https://finance.yahoo.com/news/stack-sh ... 00521.html
While the Permian Basin has grabbed the attention of oil companies and their investors in recent years, it's not the only spot where drillers can earn lucrative returns at lower oil prices. In fact, some drillers are finding that the STACK shale play in Oklahoma is just as good, if not better, than the vaunted Permian. That's why they spent billions of dollars to scoop up land in the region over the past few years, which is starting to pay big dividends by fueling remarkable production growth.
The STACK Shale Play 101: https://finance.yahoo.com/news/stack-sh ... 00521.html