Scoop-Stack Shale in the US, 2020 – Oil and Gas Shale Market Analysis and Outlook to 2024

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

$3999
Buy Report View Sample

Published: February 28, 2020 Report Code: GDGE0334MAR-ST

Select Item

In the US mid-continent region, Scoop-Stack shale is a prolific shale play located in the central and southern part of the state of Oklahoma. This shale broadly comprises South Central Oklahoma Oil Province (Scoop) and Sooner Trend, Anadarko, Canadian, and Kingfisher (Stack). These are two basins with different geologic formations and hydrocarbon deposition. Scoop-Stack is not a traditional shale play, rather it contains different layers of stacked pay with different rock types. Its complex formation has an impact on changing hydrocarbon mix across the play.

The Scoop and Stack play provide high-potential drilling targets to companies across about 15 counties in the state of Oklahoma. The thick pay section extends from shallower Mississippian Springer shale to deeper Woodford and Hunton formations. In October 2012, Continental Resources first discovered the Scoop play in southern Oklahoma. Grady, Caddo, Stephens, Carter, Love, and Garvin are some of the major counties for drilling activities in the Scoop play.

Scope

The report analyzes the crude oil and natural gas appraisal and production activities in the Scoop-Stack shale play in the US. The scope of the report includes:

Comprehensive analysis of crude oil and natural gas production across major counties in Oklahoma during 2014–2019, as well as production outlook from 2020–2024

In-depth information of well permits issued in the Scoop-Stack shale across Oklahoma, by county and by company from January 2018 to December 2019

Detailed understanding of IP rates and type well profiles in the Scoop-Stack shale

Exhaustive analysis of competitive landscape in the Scoop-Stack shale in terms of net acreage, gross production, cost trends and planned investments

In-depth analysis on various completion parameters

Comparison of type well economic metrics of major players were also analyzed

Up-to-date information on major mergers and acquisitions in the Scoop-Stack shale between 2014 and 2020

Overview of existing and active pipeline infrastructure in and around the Scoop-Stack shale, along with a review of the upcoming projects in the region

Reasons to Buy

Develop business strategies with the help of specific insights into the Scoop-Stack shale

Plan your strategies based on expected developments of the Scoop-Stack shale

Understand the competitive landscape of the companies in the Scoop-Stack play

Keep yourself informed of the latest M&A activity in this prolific shale play

Identify opportunities and challenges in the Scoop-Stack shale in the US

Table of Contents

1. Table of Contents 1

1.1. List of Tables 3

1.2. List of Figures 4

2. Overview 5

2.1. Scoop-Stack, Recent Developments and Trends 5

3. Scoop-Stack Shale, Introduction 7

3.1. Scoop-Stack, Formation Overview 7

4. Scoop-Stack Shale, Production and Activity Overview 9

4.1. Scoop-Stack Shale, Production Analysis, 2014–2019 9

4.1.1. Scoop-Stack Shale, Crude Oil Production by County, 2014–2019 9

4.1.2. Scoop-Stack Shale, Natural Gas Production by County, 2014–2019 11

4.2. Scoop-Stack Shale, Production Outlook, 2020–2024 12

4.2.1. Scoop-Stack Shale, Crude Oil and Natural Gas Production Outlook, 2020–2024 12

4.3. Scoop-Stack Shale, Drilling Activity 14

4.3.1. Scoop-Stack Shale, Permits Issued and Completed 14

4.3.2. Scoop-Stack Shale, Well Permits by County 16

4.3.3. Scoop-Stack Shale, Well Permits by Company 18

5. Scoop-Stack Shale, Competitive Landscape 20

5.1. Scoop-Stack Shale, Major Companies by Acreage, 2019 20

5.2. Scoop-Stack Shale, Major Companies by Net Production, 2019 21

5.2.1. Scoop-Stack Shale, Initial Production Rates 23

5.2.2. Well Profile 24

5.3. Scoop-Stack Shale, Completion Parameters, 2019 25

5.3.1. Proppant Mass vs. Lateral Length 25

5.3.2. Peak Gas Production vs. Lateral Length 26

5.3.3. EUR Gas vs Lateral Length 27

5.3.4. Distribution of Lateral Length 28

5.4. Scoop-Stack Shale, Future Plans by Major Companies 29

5.4.1. Scoop-Stack Shale, Planned Investments, 2020 29

5.5. Scoop-Stack Shale, Cost Trends, 2019 30

5.5.1. Scoop-Stack Shale, Well Costs 30

6. Scoop-Stack Shale, Analysis of Top Companies 32

6.1. Scoop-Stack Shale, Economic Metrics of Major Players 32

6.2. Encana Corporation 33

6.2.1. Key Operational Parameters 33

6.3. Devon Energy 34

6.3.1. Key Operational Parameters 34

6.4. Continental Resources Inc. 36

6.4.1. Key Operational Parameters 36

6.5. Cimarex Energy 37

6.5.1. Key Operational Parameters 37

6.6. Gulfport Energy Corporation 39

6.6.1. Key Operational Parameters 39

6.7. Marathon Oil Corporation 40

6.7.1. Key Operational Parameters 40

7. Scoop-Stack Shale, Associated Infrastructure 42

7.1. Pipelines 42

8. Mergers and Acquisition Activity in the Scoop-Stack Shale, 2014–2020 44

8.1. Overview of M&A Activity 44

8.2. Major Acquisitions 44

8.2.1. Encana Corp completes US$7.7 billion acquisition of Newfield Exploration 44

8.2.2. Gulfport Energy acquires Vitruvian oil and gas assets in Oklahoma for US$1.85 billion 44

8.2.3. EnLink Midstream acquires Tall Oak Midstream for US$1.55 billion 45

8.2.4. Devon Energy completes acquisition in Anadarko basin for US$1.5 billion 45

8.2.5. Marathon Oil acquires PayRock Energy for US$904 million 45

9. Appendix 48

9.1. Abbreviations 48

9.2. Methodology 48

9.2.1. Coverage 48

9.2.2. Secondary Research 48

9.3. Contact Us 49

9.4. Disclaimer 49

Table

Table 1: Scoop-Stack Shale, Crude Oil and Natural Gas Production, Oklahoma, 2014–2019 9

Table 2: Scoop-Stack Shale, Crude oil production by Key Counties, mbd, 2014–2019 10

Table 3: Scoop-Stack Shale, Natural Gas Production by Key Counties, mmcfd, 2014–2019 12

Table 4: Scoop-Stack Shale, Crude Oil and Natural Gas Production Outlook, Oklahoma, 2020–2024 13

Table 5: Scoop-Stack Shale, Number of Drilling Permits Issued and Completed, Jan 2018 to Dec 2019 15

Table 6: Scoop-Stack Shale, Number of Well Permits Issued by County, Jan 2018 to Dec 2019 17

Table 7: Scoop-Stack Shale, Number of Well Permits Issued by Operator, Jan 2018 to Dec 2019 19

Table 8: Scoop-Stack Shale, Net Acreage by Operator, 2019 21

Table 9: Scoop-Stack Shale, Net Production by Participants, 2019 (mboed) 22

Table 10: Scoop-Stack Shale, Major Companies by Initial Production Rates, 2019 23

Table 11: Scoop-Stack Shale, Planned Capital Expenditure by Major Companies, 2019–2020 (US$ mil) 29

Table 12: Scoop-Stack Shale, Major Companies by Well Costs, 2019 30

Table 13: Scoop-Stack Shale, Major Companies by Type Well Data, 2019 32

Table 14: Encana Corporation, Scoop-Stack Shale, Key Operational Parameters, 2019 33

Table 15: Encana Corporation, Scoop-Stack Shale, Key Economics, 2019 34

Table 16: Devon Energy, Scoop-Stack Shale, Key Operational Parameters, 2019 34

Table 17: Devon Energy, Scoop-Stack Shale, Key Economics, 2019 35

Table 18: Continental Resources, Scoop-Stack Shale, Key Operational Parameters, 2019 36

Table 19: Continental Resources, Scoop-Stack Shale, Key Economics, 2019 37

Table 20: Cimarex Energy, Scoop-Stack Shale, Key Operational Parameters, 2019 38

Table 21: Cimarex Energy, Scoop-Stack Shale, Key Economics, 2019 38

Table 22: Gulfport Energy, Scoop-Stack Shale, Key Operational Parameters, 2019 39

Table 23: Gulfport Energy, Scoop-Stack Shale, Key Economics, 2019 40

Table 24: Marathon Oil, Scoop-Stack Shale, Key Operational Parameters, 2019 41

Table 25: Marathon Oil, Scoop-Stack Shale, Key Economics, 2019 41

Table 26: Scoop-Stack Shale, Active, Planned and Announced Pipelines 42

Table 27: Scoop-Stack Shale, Major Deals by Oil and Gas Companies, 2014–2020 46

Figures

Figure 1: Historic Production, Rig Count, and DUC Count for Scoop-Stack Shale Play 5

Figure 2: Sedimentary Basins and Shale Formations in the State of Oklahoma 8

Figure 3: Scoop-Stack Shale, Crude Oil Production by Key Counties, mbd, 2014–2019 10

Figure 4: Scoop-Stack Shale, Natural Gas Production by Key Counties, mmcfd, 2014–2019 11

Figure 5: Scoop-Stack Shale, Crude Oil and Natural Gas Production Outlook, Oklahoma, 2020–2024 13

Figure 6: Scoop-Stack Shale, Permits Issued and Completed, Jan 2018 to Dec 2019 14

Figure 7: Scoop-Stack Shale, Number of Well Permits Issued by County, Jan 2018 to Dec 2019 16

Figure 8: Scoop-Stack Shale, Number of Well Permits Issued by Operator, Jan 2018 to Dec 2019 18

Figure 9: Scoop-Stack Shale, Major Companies by Net Acreage, 2019 20

Figure 10: Scoop-Stack Shale, Major Companies by Net Production, 2019 (mboed) 22

Figure 11: Scoop-Stack Shale, Well Profile 24

Figure 12: Scoop-Stack Shale, Proppant Mass vs Lateral Length, 2018–2019 25

Figure 13: Scoop-Stack Shale, Peak Gas Production vs Lateral Length, 2018–2019 26

Figure 14: Scoop-Stack Shale, EUR Gas vs Lateral Length, 2018–2019 27

Figure 15: Scoop-Stack Shale, Distribution of Lateral Length, 2018–2019 28

Frequently asked questions

Scoop-Stack Shale in the US, 2020 – Oil and Gas Shale Market Analysis and Outlook to 2024 standard reports
Currency USD
$3,999

Can be used by individual purchaser only

Most Popular
$7,998

Can be shared by unlimited users within one corporate location e.g. a regional office

$11,997

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Add to Basket

Undecided about purchasing this report?

Enquire Before Buying Request a Free Sample

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

Sample Report

Scoop-Stack Shale in the US, 2020 – Oil and Gas Shale Market Analysis and Outlook to 2024 was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

 Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

 Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

 Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

 Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

 Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

 Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

 Senior Account Manager, TSYS

Related reports

View more Oil and Gas reports
Oil and Gas
New
Petrochemicals Capacity and Capital Expenditure Outlook by Region, Countries, Companies,…
$3,000 | March 2024
Oil and Gas
New
New Build Trunk-Transmission Pipelines Projects by Development Stage, Regions, Countries,…
$3,000 | April 2024
Oil and Gas
New
Purified Terephthalic Acid (PTA) Industry Capacity and Capital Expenditure Forecasts…
$3,995 | April 2024
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Scoop-Stack Shale in the US, 2020 – Oil and Gas Shale Market Analysis and Outlook to 2024 in real time.

  • Access a live Scoop-Stack Shale in the US, 2020 – Oil and Gas Shale Market Analysis and Outlook to 2024 dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.
Tell me more