13 new STACK Wells Produced by Two Texas Firms

Two Texas-based oil and gas producers report a combination of 13 new oil wells in Oklahoma’s STACK play with the largest producing more than 1,000 barrels a day.

As reported on OK Energy Today’s Well Completion reports, Carrera Energy LLC, based in Midland, Texas brought in a well producing 1,122 Boed as well as 3,755 Mcf of natural gas. Located approximaely 9 miles north of Watonga and near the Roman Nose State Lodge, the York well, 31 18N 12W had an April spud date. Drilling was finished in May and the well was completed June 29 in the Mississippian zone. It was a multi-unit well with a second well, the Krackel producing about 200 Boed.

Carrera Energy, a company with about 8,000 acres of leased land in the STACK reported three other new wells, all near Watonga in Blaine County. The Slo-poke, 33 18N 12W isn’t far from the York well and was drilled about the same time with spudding in April, drilling ended in May and completing made in June. Its initial completion showed production of 915 Boed and 4,054 Mcf of gas but a later completion made in July had production down to 504 Boed and 3,407 of gas.

One other Carrera well is located 5 miles northwest of Watonga. The Hershey, 32 17N 12W also had two completion results. The first was 418 boed and 4,302 Mcf then a second completion showed production had fallen to 182 boed and 1,844 Mcf.

Carrera says it has identified up to 8 potential reservoirs for horizontal drilling in the STACK with true vertical depths ranging from 7,500 to 11,000 feet.

Houston-based Oklahoma Energy Acquisitions LP, a subsidiary of Alta Mesa Holdings LP reported 9 new STACK wells, most near Crescent, Cashion, Dover, Hennessey and Kingfisher. Most were in the 400 to 500 boed range but the largest was 644 Boed. The Speyside, 27 16N W is located 5 miles southeast of Kingfisher. All were separately drilled wells and none were multi-units.

Alta Mesa has owned its Oklahoma assets for more than 25 years and originally focused on vertical wells in the early 1990s. Since 2012, it began concentration on horizontal drilling in the Mississippian-age Osage and Meramec formations as well as the Pennsylvanian-age Oswego formation.

The company says it intends further development of other formations such as the Pennsylvanian-age Big Lime, Prue, Skinner, Red Fork and Cherokee Shale; the Mississippian-age Manning Lime; the Devonian-age Woodford Shale and the Silulrian-page Hunton Lime.

The firm says it has about 4,000 potential drilling locations in the STACK.