Woodford

Woodford Exclusives

Pricing appears to have bottomed for well stimulation services in the traditional dry gas shales, including the Barnett, Haynesville and dry Woodford.

Sand use per well rises, but fewer wells result in lower proppant demand. Sand pricing is down as much as 50% versus peak ceramics rapidly losing marketshare.

Central Oklahoma's Scoop/Stack area has held its own while the “big three” oil plays—Williston, Permian and Eagle Ford—have reduced their horizontal rig counts.

Woodford Gross Acreage

Company Net Acreage
Newfield Exploration 160,000
ExxonMobil 115,000
BP 90,000
SM Energy 76,872
All Top Acreage Holders
Company Net Acreage
Continental Resources 629,432
ExxonMobil 280,000
Devon Energy 280,000
Newfield Exploration 275,000
All Top Acreage Holders