NFX: SCOOP/STACK
Posted: Tue Sep 01, 2015 9:56 am
Newfield has allocated 70% of its 2015 budget to the SCOOP and STACK trends of the Anadarko Basin, where it has impressive total holdings of 300,000 net acres. While representing 28% of its proved reserves, the Anadarko Basin provides 50% of Newfield’s 1.8 billion boe of future drilling resource.