- Tight Gas & Oil
- Gas Hydrates
Fracking pricing in the Midcontinent edges upward due to more completions in the Scoop and Stack. Meanwhile, regional capacity takes a hit with crew count down to 13 from 25 since January.
Several respondents of Hart Energy's Heard In The Field survey said smaller “mom and pop” workover companies were either leaving the Midcontinent region or shutting in operations until prices recover.
Rig rates in the Stack, Scoop and Cana-Woodford areas, which had been some of the last U.S. markets to maintain drilling levels in the current downturn, are now among the lowest in the country.
|7 Day Trend||1 (-2)|
|30 Day Trend||10 (+3)|
|1 Year Trend||138 (-323)|