Activity in Oklahoma’s SCOOP/STACK play has been picking up. In 2021, the number of active rigs there improved by about 30 — that’s a bigger gain than any U.S. hydrocarbon production basin except the Permian. On a percentage basis, the 160% year-over-year increase in the SCOOP/STACK rig count was exceeded — and just barely — by only a couple of other rich-gas regions: the Niobrara and Ohio portion of Marcellus/Utica. Is SCOOP/STACK really on the rebound and, if so, why? The answers are tied to commodity prices and the fact that the Oklahoma play offers producers both crude oil and “rich,” NGL-saturated associated gas. In today’s RBN blog, we discuss recent developments in the Sooner State’s premier production area.
Join us at our historic 20th School of Energy!
School of Energy: Foundations is a two day, in person conference designed to help energy professionals better understand the forces shaping crude oil, natural gas, NGLs, refined products, and petrochemicals.
Attendees will learn from RBN experts, work with Excel based analytical models, participate in Q&As, and network with industry peers.
Build the foundation to better navigate volatile energy markets.
As we said in Part 1, it wasn’t long ago that all eyes were on the Anadarko Basin or, more specifically, the Cana Woodford basin and the South Central Oklahoma Oil Province (SCOOP) and Sooner Trend Anadarko Canadian and Kingfisher (STACK) plays within it. The excitement was warranted. Oil and gas production surged in the counties we identify that can tap those formations. It’s worth noting that the subsurface geology doesn’t follow county lines and there are many places where multiple plays can be reached from a single drilling location. So, allocating rigs or wells located in a particular county to an individual reservoir is an approximation at best. And also, RBN’s county definitions are not identical to either the Energy Information Administration (EIA) or Baker Hughes. (For example, we consider Kingfisher to be part of the Cana Woodford; see Stardust, And Much More.)
Production gains in four energy-rich counties in particular — Kingfisher (dark-blue layers in Figure 1 graphs), Blaine (light-blue layers), and Canadian (red layers) in STACK and Grady in SCOOP (green layers) — helped drive crude oil and gross (unprocessed associated) gas production gains in the Cana Woodford and broader Anadarko through the final years of the 2010s. (The gray layers in the crude oil and gross gas graphs show production in the rest of the counties that we identify as SCOOP/STACK and Cana Woodford, and the white layers below the black lines show production in the rest of the Anadarko as reported by the EIA’s Drilling Productivity Report.) But the big run-up in SCOOP/STACK production ended abruptly in the summer of 2019 (notably, well before the troubles of 2020 that hammered the rest of the U.S.) and, over the next few months, output of both crude oil (left graph) and gross gas (right graph) stumbled, then fell off a cliff in the spring of 2020 when COVID hit. Oil and gas production in the basin was also rocked nearly a year later by freeze-offs in last February’s deep freeze.
Join Backstage Pass to Read Full Article
About the song
“Standing Still” was written by Jewel Kitcher and Rick Nowels and appears as the first song on Jewel’s fourth studio album, This Way. According to Jewel, the song is about stepping back from a busy career and wanting a change of scenery. Released as a single in September 2001, the song went to #25 on the Billboard Hot 100 Singles chart and #3 on the Adult Top 40 Singles charts. Personnel on the song were: Jewel (vocals), John Willis, Dan Huff and Jerry McPherson (guitar), Jimmie Sloas (bass), Chris McHugh (drums), Eric Darken (percussion), and Tim Akers (keyboards).
This Way was recorded between November 2000 and August 2001 at the Emerald Entertainment, Ocean Way, and Soundstage studios in Nashville. Produced by Jewel and Dan Huff, the album was released in November 2001. It went to #9 on the Billboard Top 200 Albums chart and has been certified Platinum by the Recording Industry Association of America. Four singles were released from the LP.
Jewel (Jewel Kitcher) is an American singer-songwriter, musician, actress, and author. She has released 12 studio albums, four live albums, five compilation albums, eight soundtrack albums, four EPs, and 35 singles. She has sold more than 30 million records worldwide and has appeared in six motion pictures and 17 television shows. Jewel is the author of five books. She has won four ASCAP Awards, one American Music Award, one BMI Award, one Billboard Music Award, and one MTV Video Music Award. She still records and plans to release another full-length album soon.
