Economic Returns for Emerging Oklahoma STACK Play Could Come Sooner for Oil and Gas Operators, but Much to Learn in Terms of Potential, IHS Says

Dateline City:
HOUSTON
Contacts
All Industries
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Chemicals; Energy; Natural Resources
Melissa Manning, +1 832 458 3840
melissa.manning@ihs.com

Early data limited, but early well performance comparable with Eagle Ford shale, and first quintile wells economic below $45 per barrel

HOUSTON (April 13, 2016) – At current low oil prices, few U.S. oil and gas plays are economical. However, the emerging Oklahoma STACK play is bucking the trend by showing economic promise at oil prices below $45 per barrel (WTI) and for that reason, is garnering attention from operators, service companies and investors, according to new analysis from IHS (NYSE: IHS), the leading global source of critical information and insight.

Language:
English

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