Houston-based Oklahoma Energy Acquisitions LP is reporting success in Oklahoma’s STACK, hitting a well that produced more than 1,000 barrels of oil a day. The firm operates as a subsidiary of Alta Mesa Holdings, LP.
The Clark well, in the Mississippian play is located about 5 miles northwest of Crescent in Kingfisher County. It had an Aug. 13 spud date and drilling was finished 13 days later with completion made Oct. 2. The completion report as published on OK Energy Today indicated production was 1,056 barrels of oil daily along with 760 Mcf of gas. The well is located just north of Highway 74C.
Oklahoma Energy Acquisitions originally drilled its first well at the site with a July 30 spud date and the end of drilling by August 12 followed by a Sept. 29 completion. Production was 212 barrels of oil daily along with 1,089 Mcf of gas.
The company also reported drilling a third well in Kingfisher County but it said the Huntsman Pilot 1 was “drilled for a stratographic test only, not a producing well.”
Oklahoma Energy Acquisitions LP launched its drilling effort of 40 wells in the core STACK play of Kingfisher county in January. Bayou City Energy announced in January a Joint Development Agreement to finance the deal. The drilling program, which is expected to continue into early 2017 will be developed in two tranches of 20 wells each.