The Week of September 5th – Recap of New Drilling Permits, Spacing, and Pooling Applications
It was a slow week at the Oklahoma Corporation Commission last week for regulatory filings, across all three of the categories covered.
Before getting into last week’s filings, let’s look back at the YTD new drilling permit filings for the state. This data set is filtered down to these parameters: 1) New Filings 2)New Drill 3) Oil and Gas.
County View – YTD
This view reflects 45% of the YTD new drilling permits have been filed in four counties, Kingfisher (132), Blaine (74), Canadian (59) all in the STACK play and Grady County (47) in the SCOOP play.
Operator View – YTD
The STACK and SCOOP operators dominate this category YTD, with Continental Resources, Newfield Exploration, Oklahoma Energy Acquisitions, Citizen Energy, and Devon accounting for almost 32% of the total.
Last Week’s New Drilling Permit Summary
BP America leads the new drilling permit category this week with four, all in Coal County. Tied with two each are Oklahoma Energy Acquisitions, Newfield Exploration, and Marathon Oil, all located in Blaine, Canadian, Grady, and Kingfisher Counties.
New Pooling Applications
There were 19 Final Pooling Orders issued this week but a very light week for new applications, with 6 new ones filed. Gaedeke Oil & Gas Operating had 2 filings, both in Grady County.
New Spacing Applications
A precursor to future drilling, spacing applications totaled eleven this last week, which falls below normal activity levels. Cimarex led this category with 4 new applications, all in Canadian County.
Data from Oseberg. Cutting Technology for the oil and gas industry. High-Quality Data + Powerful Software.