Investor Relations
Well Positioned by Prominent
The Oklahoma STACK play is economic for many operators at current prices and it offers multiple drilling targets due to its complex geology, which is attractive for drillers seeking to leverage pads to expand resource
Operators have identified as many as 10 horizontal targets in the play, including the various Mississippian formations, as well as Woodford, Hunton, and Oswego reported formations. These formations have been most productive in Oklahoma’s Kingfisher, Canadian, Dewey and Blaine Counties.
According to the IHS Markit report, peak per-lateral foot productivity in the STACK has made substantial improvements and is comparable to the Eagle Ford shale play, both of which are closing in on Permian results. The STACK peak-month productivity averaged above 110 BOE per day (20:1) per 1,000 lateral feet in 2016.
