Granite Wash

Granite Wash Exclusives

George Solich, FourPoint, Anadarko Basin, Permian Basin, Chesapeake Energy, GSO Capital

George Solich said FourPoint aims to be the largest producer in the Anadarko Basin. Meanwhile, the company continues to scour the Permian for an entry point.

With more than $2 billion of debt, the news comes less than a week after the Houston-based company amended a forbearance agreement that gave it more flexibility during debt-related discussions with creditors.

Anadarko Basin, emerging plays, completions, Oklahoma, revival, Connect series, Hart Energy

Despite the decline in drilling activity throughout the state, some operators in the Anadarko Basin have discovered new formations and completion methods to survive the current commodity price downturn.

Granite Wash - Texas Drilling Permits Trends

7 Day Trend2 (-3)
30 Day Trend16 (+8)
1 Year Trend273 (-265)
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Granite Wash Gross Acreage

Company Net Acreage
Chesapeake 926,000
Apache 870,000
EnerVest/FourPoint 325,000
Unit Corp. 167,000
All Top Acreage Holders