Woodford Exclusives

Workover, well service, Midcontinent, Woodford, shale, Hart Energy

From a labor expertise standpoint, workover contractors note the industry is melting away and will experience challenges when demand kicks in—an event now expected to be postponed until 2016.

downhole completions, Midcontinent, Woodford, shale, proppant, frack sand

Metrics on stage spacing, number of stages, and fracture stimulation technique have not changed during the downturn. Rather, low prices are encouraging operators to drill longer laterals and boost sand use.

pressure pumping, well stimulation, service providers, Midcontinent, Woodford, shale, Hart Energy

Operators have leaned hard on service providers to reduce costs and are using the opportunity to add more sand to horizontal wells to good effect, particularly in the upper Woodford Shale.

Woodford Gross Acreage

Company Net Acreage
Newfield Exploration 146,000
ExxonMobil 115,000
BP 90,000
Vanguard Natural Resources 66,000
All Top Acreage Holders
Company Net Acreage
Continental Resources 619,997
Newfield Exploration 300,000
Devon Energy 280,000
ExxonMobil 280,000
All Top Acreage Holders