Permits for new oil and gas drilling in the state were approved this week by the Oklahoma Corporation Commission including a five-well site in Canadian County by Chaparral Energy. The company smells success in the region and is planning to drill several more sister wells in spite of its financial challenges as it enters the new year.
The Oklahoma City-based company intends to drill the five Fuji 1206 wells on a pad located at 19 12N 6W which is about 4 miles east of the I-40 and US 81 interchange at El Reno, and south of Interstate 40.
The permit indicated Chaparral intends to have a total depth of about 13,950 feet with a true vertical depth of 9,120 feet. Chaparral has had huge success in drilling in the area immediately south of I-40 and east of El Reno in Canadian County.
As OK Energy Today reported in August 2019, Chaparral drilled 9 wells on a single pad in the area and had combined production of nearly 9,800 barrels of oil a day. The Foraker 1207 wells are located about 2 miles east of El Reno at 11 12N 7W and were completed in March and April of 2019.
But just a mile east of the 9 Foraker wells, Chaparral drilled four other Foraker wells with combined production of 3,818 barrels of oil a day. The sister wells are located at 2 12N 7W.
Other permits were granted this week to Continental Resources for a well in Stephens County at 35 2S 4W.
Thunder Oil and Gas LLC obytained a permit in Carter County while Mewbourne Oil Company received a permit to drill in Ellis County.
Blue Devil Exploration LLC was permitted to drill in Jefferson County. Prairie Gas Company of Oklahoma LLC has a permit to drill in Lincoln County. Iron Hawk Energy Group JV obtained a permit to drill in Wagoner County.