I am a real novice here. What is the SCOOP?
Is the woodford still producing? May sound like a silly question but my last royalty check was no laughing matter!!
South Central Oklahoma Oil Province is what it stands for Mike. Itâs a name that the oil companies (I believe Continental called it that first in a conference call). As you can see on the link I sent it was and I believe still is a Hot Spot to where the oil products are. If I can I will post some old articles that talk about our area down here in Stephens/Garvin/Grady Co. All we need now is for the prices to go back up.
I canât get some of my old articles to upload to this site. Sorry for my incomplete sentences in the post below. My fingers move faster then my mind. lol
January 14, 2014 by Matt Menchaca
The Woodford Shale itself is not a new Oklahoma oil and gas play and while some plays begin to lose hype over a few years, there is still quite a bit of emerging play buzz going on, especially in the southern portions.
The Woodford SCOOP, or South Central Oklahoma Oil Province, as coined by Continental Resources a couple of years ago, has grabbed the attention of a handful of large operators.
Continental, the clear leader in the play, plans to spend almost $900 million in 2014 to SCOOP development and exploration â almost double what the company spent in 2013.
As most folks already know, the SCOOP is a liquids-rich play, offering high yields of oil and condensate. However, only a few years ago, the Woodford was sought after for its natural gas production, especially in the Arkoma Basin. Here is a map showing the entire Woodford play area broken down into four play regions based on the basin of deposition, GOR, primary product and industry drilling trends. Each well is bubbled and colored by its max month of oil production in barrels per day. This gives a brief, high-level overview of the Woodfordâs sweet spot areas and shows the variation in the Woodfordâs hydrocarbon thermal maturity.
Soonerpe, thanks for the help. Iâm getting closer to finding my way around thanks to you and the kind folks on the site.
As most folks already know, the SCOOP is a liquids-rich play, offering high yields of oil and condensate. However, only a few years ago, the Woodford was sought after for its natural gas production, especially in the Arkoma Basin. Here is a map showing the entire Woodford play area broken down into four play regions based on the basin of deposition, GOR, primary product and industry drilling trends. Each well is bubbled and colored by its max month of oil production in barrels per day. This gives a brief, high-level overview of the Woodfordâs sweet spot areas and shows the variation in the Woodfordâs hydrocarbon thermal maturity.
With that better idea of the Woodford as a whole, I queried up some data and looked for trends or standout data points that make the SCOOP play area special. I used the customized, DI Analytics dataset for my observations. Some of the power users of these datasets call them âanalytics readyâ and allow for faster workflows and quicker data to answers interpretation.
Yes, DianeâŚthere is still a lot of oil in the Woodford. When all this started one oil man made the comment to a friend of mine. He said âimagine the Grand Canyon and thatâs how much oil is down thereâ. He was talking about the SCOOP and mainly about the Woodford zone. Iâm sure it matters where your well is but our Newfield check has actually gone up a LITTLE these last couple of months while our Continental check keeps going down. The wells are only about a mile apart but the Newfield wells are both oil and gas while the one CR. well we have is mainly gas. From what Iâve heard on here some peopleâs wells have been closed in (donât know whether itâs to wait for the prices to rise, to protect them from the fracking taking place close to them or just what the reason). The Newfield wells included in the checks I mentioned are Woodford except for one in the Springer. I did hear a rumor yesterday that one major company is getting ready to start a drilling project down here in the SCOOP. Not going to be down in our sections but within about 5 miles of us. Because of several factors topped by the drastic fall in oil prices from when they were in their peek we have all been very disappointed in our checks. Hang in there many are predicting it to go back up by 2017.
Thanks shirt-tail cousin Linda, for the info on the woodford. I have interest in Oceana, section 8 and 17. 1n. 5w. It is mostly a gas well. I contacted continental for an explanation of the low royalty checks. They did get back to me. I was told to expect about the same amount this month however she was unable to give me a reason why. She suggested I contact a continental land man. I havenât done that yet as Iâm kinda thinking âit is what it isâ . I was mainly concerned as to whether they are choking back because of prices or they just plain ran out of gas!!
My last post was copied from an email I received but due to my ânut behind the buttonâ problem I had to copy and paste it this way instead of sending the link. Guess Iâm going to be forced into getting a new laptop as bad as I hate change!
Comment by [Linda Rigtracker](http://www.mineralrightsforum.com/profile/LindaKeck) just now[Delete Comment](http://www.mineralrightsforum.com/group/stephens-county-ok-oil-gas?commentId=4401368%3AComment%3A635860&xg_source=msg_com_group#)
I probably should have posted that information I just put on this forum to the Kingfisher group but thought some on here might be interested because some of you Lucky Dogs have mineral rights in this county and the STACK also.
lol Actually I asked my husband to upgrade mine to Windows 10 while they were letting us do that for free so in this case I guess I was the nutty one! Thanks for the kind words though. Iâll probably get it all figured out about the time they make a Windows 11 or whatever they skip to. I wish I had some really good stuff to report on the SCOOP but truth is itâs really slow around here. I believe most of the action now has moved north to the STACK play up around Kingfisher and Blair Co. Glad for those people but anxious for us to get some of it back down here too. Just from the little bit Iâm hearing that will happen when oil gets to an average of about $55. again.
Comment by [Linda Rigtracker](http://www.mineralrightsforum.com/profile/LindaKeck) 1 second ago[Delete Comment](http://www.mineralrightsforum.com/group/stephens-county-ok-oil-gas?commentId=4401368%3AComment%3A635860&xg_source=msg_com_group#)
I know this is not the best way to post the last article but I canât get my computer to let me copy and paste the link for some reason. When I go to the address bar, turn it blue and try to right click the drop down that says copy, cut, etc. flashes down and back up so fast I cannot click on it. So I tried to just turn the whole article blue and copy and paste but it was too long to make one post out of it. Any ideas on how to fix this problem would be appreciated. Just had this problem since I changed to Windows 10 but I donât know if that has anything to do with it. Some suggest that the Esc button might be stuck but it doesnât seem to be. Again this might be the NUT behind the buttons. lol
Devon Energy (NYSE:DVN) followed Continental Resources (NYSE:CLR) dedicating a press release to strong recent well results in STACK. Impressive early-time production data across a large core area in STACK and optimistic commentary coming from leading operators in the play are certainly encouraging. However, uncertainty with regard to the playâs ultimate oil recoveries per well and drilling economics should not be underestimated at this point, particularly in the over-pressured window where initial production rates may be very strong but longer-term declines and gas-oil ratio trajectories are difficult to predict.
Detailed production data for many STACK wells is not readily available. Therefore, operators in the play may wish to voluntarily furnish more comprehensive well performance information to investors, including older-vintage wells that have longer performance histories, to support their estimates with regard to the playâs potential. Insufficient information encourages a âproceed with cautionâ bias.
Devon Announces âA Record-Setting Oil Wellâ In Stack
In its press release, Devon highlighted an IP result from a 5,000-foot lateral Meramec well in the playâs over-pressured oil window in southwest Kingfisher County. The Pony Express 27-1H achieved a 30-day average rate of 2,100 boe per day, consisting of 1,500 barrels of oil per day (70% of the production mix). According to Devon, the wellâs oil productivity is the highest of any Meramec well drilled to date in the play on a per lateral foot basis - obviously, as measured by the IP-30 rate. In the statement, Devon characterized the Meramec as having quickly evolved into âthe best emerging development play in North America.â
Devon also highlighted the success of the density pilots the company brought online recently.
The first spacing test, the two-well Born Free pilot, âcontinues to perform exceptionally well, achieving a 90-day average rate of 1,500 boe per day per well (60% oil).â The Born Free is a stack and stagger pilot in the upper Meramec. The two wells were spaced 400-feet apart and landed in two intervals.
The latest spacing pilot, the Alma, tested five wells per section across a single interval in the Upper Meramec, delivering IP-30 rates averaging 1,400 boe per day per well (5,000-foot laterals), of which 60% was oil. The Alma wells were brought online with a 12/64-inch choke and gradually increased to a 20/64-inch choke. According to Devon, âearly flow-back results from the Alma pilot indicate minimal interference between wells, suggesting potential for tighter spacing in the over-pressured oil window.â
Devonâs next spacing test, the Pump House pilot in southwest Kingfisher County, is testing seven wells per section in a single interval in the Upper Meramec and initial flow rates are expected in the third quarter of 2016.
Linda: You provide a much needed and welcomed look at the SCOOP part of the oil patch. I just want to assure you that the nut-behind-the-wheel is not you but it is Microsoft. Your switch to Windows 10 provided the Nut. It is like your previous Windows operating system you mastered and which did the job for you was like you were driving an automobile having its stearing, motor, brakes, and instruments replaced by a F-16 jet fighter control panel. No warning no instructions and if you are like many millions of other users the W-10 system was forced onto your computer replacing your older, but still completely usefull operating system, by your unwitting answer to a trick question appearing on your screen. Thank you Microsoft!
Does anyone happen to know in the Stephens county area what the bonus per acre is running just for a lease at shallower levels down to the springer formation?
DonâŚIâm like you I have heard of many people that said they didnât have a choiceâŚthat their computer automatically put Windows 10 without them trying to do it.
MaxâŚthat wouldnât be me. We leased ours out nearly 3 years ago the last time so Iâm sure the bonuses were larger then (sorry to say). Our Springer zone well was however the best one we have now. Best Wishes for a good lease bonus!