August 22, 2017 – OilPrice.com
Shale Drillers Head North As The Permian Fills Up
By: Nick Cunningham
Just as the Permian Basin is showing some wear and tear, there is growing interest in a separate shale play to the Permian’s north.
The Anadarko shale region, located mostly in Oklahoma, has seen a sharp increase in investment and drilling activity in recent years. The expanding presence of shale players in the Anadarko has resulted in the EIA including the region in its monthly Drilling Productivity Report alongside more well-known places such as the Permian, Eagle Ford and the Bakken...
Read the full article here: http://oilprice.com/Energy/Natural-Gas/Shale-Drillers-Heading-North-As-The-Permian-Fills-Up.html
…In addition, the Anadarko offers shale companies another option for oil and gas exploration if they find the Permian a little too crowded. The Wall Street Journal recently profiled Jim Hackett, the former CEO of Anadarko Petroleum, who has set up a new company that will target the STACK play. The SCOOP and STACK have the best well economics out of any other shale basin after the Permian, according to RBN Energy.
