Newfield Strikes it Big Again in Kingfisher County
October 13, 2015
Put two more big wells on the list of those drilled by Newfield Exploration in Kingfisher County. The biggest well produced 2,547 barrels a day when it was completed August 10. The well, located a few miles west of Okarche, had a spud date of June 22 and drilling was finished July 10. The second well produced 2,098 barrels of oil on completion, according to the completion report filed and published this week at OK Energy Today.
The Gill well is located about two miles southwest of the town of Loyal and also had gas production of 1,201 Mcf and 1,750 barrels of water a day.
The well had a spud date of May 21 and drilling was finished June 11. Completion was dated July 27.
Newfield Exploration, based in Houston, Texas, has drilled numerous wells in the 2,000 barrels or more range in Kingfisher County, its favorite county in which to drill. The company is actively pursuing more drilling sites in the county as well as west toward Woodward. Unconfirmed reports indicate the company has paid $2,000 an acre to lease farmland in the area. One recent report claimed the owner of one quarter section of land received $5,000 an acre for a tidy check totaling $800,000. The owner of land nearby swears it’s true.