- Tight Gas & Oil
- Gas Hydrates
Enthusiasm for the Anadarko Basin’s Stack Play reaches fever pitch as operators at Scotia Howard Weil’s annual energy conference outlined plans to devote scarce 2016 capital spending towards the latest “it” play.
Chesapeake parts with its remaining Western Anadarko Basin oil and gas assets, including 3,500 producing wells in the Granite Wash, Missourian Wash, Upper and Lower Cleveland and Tonkawa formations.
Rig rates are stable in the Midcontinent, but demand for drilling services remain low. Attitudes are approaching capitulation among service providers who have little expectation that the market will improve anytime soon.
|7 Day Trend||1 (-1)|
|30 Day Trend||8 (+6)|
|1 Year Trend||142 (-336)|