Woodford Shale: SCOOP helps advance Oklahoma’s drive for oil ///

Heralded as the pioneering operator of the Bakken shale, Continental Resources is staking what may become a similar claim in the liquids-rich, southernmost portion of Oklahoma’s Woodford shale. Over just 18 months, Continental quietly embarked on a leasing binge, targeting the atypically thick oil and condensate-rich fairways of the Cana-Woodford shale to the west. By the end of September, it increased its leasehold in the area by well over 80%. The firm has amassed a 197,340 net-acre position, with 20% held by production (HBP) in an area that takes in some of Oklahoma’s premier oil producing counties, including Carter, Stephens, Garvin and Grady.

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