Granite Wash

Granite Wash Exclusives

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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.

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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.

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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.

Granite Wash - Texas Drilling Permits Trends

7 Day Trend1 (-2)
30 Day Trend10 (+3)
1 Year Trend138 (-323)
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Granite Wash Gross Acreage

CompanyNet Acreage
Chesapeake Energy426,000
Jones Energy162,580
BP162,500
EV Energy Partners162,500
All Top Acreage Holders