The increased crude oil futures have apparently sparked more drilling interest in Oklahoma as reflected by new drilling permits issued by the Corporation Commission.
Completion reports show more 2020 activity by Ovintiv Inc, the Denver-based company that has found big producers, mostly in Oklahoma’s STACK play. The company also obtained more seven more permits to continue its exploration in Kingfisher County in 2021.
Four of the permits are for wells to be drilled on a single pad at 22 17N 8W . The site is approximately 6 miles northwest of the city of Kingfisher. All four Emory 1708 wells will be in the Mississippian play.
Ovintiv obtained permits to drill three M&M FED 1607 wells on a single pad at 20 16N 7W which is located one mile west of the city of Kingfisher and south of state highway 33.
Canyon Creek Energy Arkoma LLC received permits for four HB wells to be drilled at a site northeast of Tupelo in Coal County. The site is 23 2N 9E.
Fulcrum Exploration LLC plans three wells on a single pad in Jackson County at 02 1N 20W which is a site four miles southeast of Altus.
Three other firms received permits to drill.
Aexco Petroleum Inc. plans a well in Kay County. Arrowhead Energy received a permit for a Pottawatomie County well.
AC Operating Company LLC plans to drill in Tillman County.
Continental Resources Inc. filed completion reports last week on four wells drilled on a single pad in Stephens County in southern Oklahoma. The Forrest wells are located at a site at 5 2N 4W which is several miles south of Lindsay and northeast of Bray.
Combined production was 638 barrels of oil a day. Spud dates were in November and December 2019 and January 2020 with completions made in June 2020.
Separate production included 169, 205, 209 and 55 barrels of oil a day.