GlobalData’s latest report, ‘Scoop-Stack Shale in the US, 2020 – Oil and Gas Shale Market Analysis and Outlook to 2024’ analyses the appraisal and production activities for crude oil and natural gas in the scoop-stack shale play.

According to the Oklahoma Corporation Commission, production volumes from the scoop–stack shale play have been relatively flat over the past few years. GlobalData estimates slight growth from the shale play in the coming years.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

With drilling rigs becoming more efficient, key operators in this area have been able to maintain production while cutting the amount of capital deployed to this area. The shale play has seen a significant drop in the number of drilling rigs over the past 12 months. In October 2018 there were 75 oil and natural gas drilling rigs in the scoop-stack and one year later only 54 were remaining.

In 2018, Cimarex Energy allocated approximately 30% of its overall capital to the scoop-stack and in 2019 the value dropped to 15%. With higher specs in drilling rigs, companies are able to drill more efficiently cutting down the number of drilling days and capital expenditure. Even though some of the major operators in the area are reducing their capital expenditure, production guidance does not show a large drop-off.

According to the data sourced from the US Energy Information Administration (EIA) and the Oklahoma Corporation Commission, crude oil and natural gas production from 15 contributing counties in scoop-stack shale play exhibited a steady increase during 2014–2019.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Figure: Scoop-stack shale, total production by key counties, mboed, 2014–2019. Credit: GlobalData.

Blaine county topped in terms of natural gas production in the scoop-stack shale play, whereas Kingfisher county contributed the highest amount of gross crude production in 2019. Some of the other counties, such as Grady, Canadian, Stephens and Garvin were also among the major contributors in scoop-stack shale production.

During 2018–2019, Kingfisher county received the highest preference from operators in terms of drilling permits. Grady, Canadian and Blaine were also among the major counties attracting permit interest from the shale players.