Tag: STACK

Ovintiv exits Oklahoma through NuVista acquisition shift

Ovintiv ends Oklahoma exploration Houston’s Ovintiv Inc. is ending its oil and gas exploration in Oklahoma. Additionally, this marks a significant exit from the Anadarko Basin region for a once highly active operator. Therefore, Oklahoma Energy stakeholders will feel the immediate strategic shift as capital migrates north into Canada. The company announced it reached an …

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Oil/gas rig numbers climb in Oklahoma and US

Rig activity rises across Oklahoma Oklahoma drilling picked up again this week. The state added two rigs, lifting the total to 42. Crews focused on western Oklahoma, where operators continue to chase liquids-rich rock. Field chatter pointed to activity in the Cana Woodford and Granite Wash. STACK and SCOOP also showed steady work. The national …

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