Anyone who has ever bought a penny stock, and unloaded it a few weeks later for a very tidy profit, has a pretty good idea of the attraction that an eclectic bevy of independents has for the liquids-laden Mississippi Lime. With its fairway underlying much of northern Oklahoma and southern Kansas, across the heart of the Anadarko basin, the carbonate-dominate play is characterized by shallow, low-cost wells that deliver reasonably impressive, primarily liquid production rates, making it the quintessential bargain basement of the North American shale scene. Shell is the lone major among the largely home-grown independents, who have flocked here en masse to tap what has been described as an incredibly varied, complex carbonate reservoir with comparatively high porosities and, owing to its Woodford Shale source rock with ample stacked-pay potential.
Log in to view this article.
Not yet a subscriber? Find out more and subscribe today!
Already a subscriber but don’t have an online account? Contact our customer service.
*Access will be granted the next business day.
Connect with World Oil
Join Our Newsletter ///
Sign-up for World Oil Daily News
Latest News ///More
- BP pays UK tax on North Sea business for first time in years (6/24)
- Permian Basin facing new environmental rules that could curb drilling (6/24)
- A fresh look at what Russia’s invasion means for energy companies (6/24)
- U.S. energy industry invites Biden to visit American energy sites ahead of trip to Saudi Arabia (6/24)
- Swagelok Company celebrates 75th anniversary (6/23)