- Tight Gas & Oil
- Gas Hydrates
Rimrock was formed last year to pursue Midcontinent acquisitions targeting the Woodford Shale, following a $75 million equity commitment from Post Oak Energy Capital and Ceja Corp.
Midcontinent service providers anticipate an increase in well stimulation pricing from the current average of $38,000 per stage, largely reflecting activity in the Scoop and Stack plays.
Even though well completions in the Anadarko Basin fell during the first half of the year, Midcon operators have still remained active in the Stack, Scoop and Cleveland Sand plays.
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