Oklahoma Oil and Gas Drilling Outlook: Drilling Activity by Wells and Rigs in STACK, SCOOP & Other Areas
Oklahoma oil and gas drilling is forecast to increase 46% to over 1350 wells drilled between 2016 and 2017. The STACK and the SCOOP, valued for their geology and high production, are expected to drive growth through the forecast.
This report covers Oklahoma oil and gas drilling by play. Data is presented in wells drilled, footage, and active drilling rigs, among others.
Plays covered in this study include:
Scope of the Report
This report covers the scope, size, and growth of Oklahoma oil and gas drilling including key trends in each play by well trajectory, resource, county, operator, and formation, where applicable. Historical data are provided for 2015 and 2016, with forecasts for 2017 and 2018, with year by year historical market volatility also addressed. Data are provided in wells drilled, footage, and active rigs, among others. Also included is an analysis of the key land acquisitions, infrastructure in the state, drilling rates, and drilling costs.