Granite Wash

Granite Wash Exclusives

Larry Prado, Hart Energy's activity editor, summarizes some of the recent activity in the play.

Service contractor work mix changes dramatically to maintenance jobs as operators in the Midcontinent do only what is necessary in the current low price environment.

The company is aggressively looking to cut costs after it reported a $10 million severance expense in the first quarter of 2015 as it cut staff by 15%.

Granite Wash - Texas Drilling Permits Trends

7 Day Trend1 (-4)
30 Day Trend16 (0)
1 Year Trend462 (-44)
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Granite Wash Gross Acreage

Company Net Acreage
Chesapeake 926,000
Apache 870,000
Unit Corp. 167,000
LINN Energy 147,000
All Top Acreage Holders