Continental extends Cana Woodford to southeast

By OGJ editors

Continental Resources Inc., Enid, Okla., posted a 25-mile southeast extension of the Anadarko basin Cana Woodford play with completion of a well in Grady County, Okla.

The Lambakis 1-11H validates the company’s geologic model for the Southeast Cana and extends it 25 miles south of previously known Anadarko Woodford horizontal production. The well adds 15,000 net acres in the southern part of the 90,000 net acre Southeast Cana area, Continental said.

The well is producing 1,350-Btu gas, which in May had a realized price of $6.25/MMcf, compared with Nymex’s posted price of $3.95. Lambakis has been producing since late May and continues to flow at 4.2 MMcfd of gas and 110 b/d of oil, showing a shallow decline curve.

The Lambakis lateral section was completed in 10 stages over a total length of 4,200 ft at 15,000 ft true vertical depth. The lateral was landed in a siliceous zone, which in the southern portion of the Southeast Cana is very thick and may present multiple horizons for drilling, the company said.

Continental’s Anadarko Woodford production in the quarter ended June 30 was 4,031 boe/d, 50% more than in the 2011 first quarter. The company participated in completing 28 gross, 9.9 net wells in the latest quarter, of which 11 gross, 7.6 net were company operated.

 The company completed other notable operated wells in Blaine, Dewey, and Custer counties. Several operated wells were drilled in 40 days each, 43% faster than the 2010 average. Continental has 14 operated rigs in the Oklahoma Woodford, with 11 in Northwest Cana, two in Southeast Cana, and one in the Arkoma Woodford, and will increase its operated rig count in the Anadarko Woodford by yearend.

Continental has 324,273 net acres leased in the Oklahoma Woodford, including 270,529 net acres in the Anadarko Woodford portion of the play, where it continues to acquire acreage.

Related Articles

Kinder Morgan to acquire Hiland Partners for $3 billion

01/22/2015 Kinder Morgan Inc. (KMI) has agreed to acquire Hiland Partners from founder Harold Hamm and certain Hamm family trusts for $3 billion, including th...

BHI: Shortened week sees 12-unit loss in US rig count

11/26/2014 The US drilling rig count fell 12 units to 1,917 rigs working as the country headed into the Thanksgiving holiday during the abbreviated week ended...

BHI: Oklahoma, Cana Woodford lead gains in this week’s rig count

11/21/2014 A week of mostly offsetting activity saw the US drilling rig count edged up a single unit to 1,929 rigs working during the week ended Nov. 21, Bake...

BHI: Gains in Utica, Ohio headline latest US rig count

11/14/2014 The US drilling rig count was up 3 units to reach 1,928 rigs working during the week ended Nov. 14, with notable gains in Ohio and more specificall...

American Energy unit adds SCOOP, STACK acreage in Oklahoma

11/13/2014 American Energy–NonOp LLC (AENO), an affiliate of American Energy Partners LP (AEP), Oklahoma City, has completed a series of transactions with Dou...

Continental testing Springer shale potential

11/03/2014 Four delineation wells operated by Continental Resources Inc. in Grady County, Okla., confirm potential of the Mississippian Springer shale in the ...

Continental, South Korean firm to jointly develop northwest Cana Woodford

10/27/2014 Continental Resources Inc., Oklahoma City, has formed a joint venture with a wholly owned US subsidiary of SK E&S Co. Ltd. to jointly develop a...

Marathon Oil sees promise in Oklahoma's Scoop, Stack plays

10/21/2014 Marathon Oil Corp. is using extended-reach laterals to improve initial production rates in the emerging South-Central Oklahoma Oil Province (Scoop)...

Woodford gathering, processing plans advance

10/16/2014 Tall Oak Midstream LLC subsidiary TOMPC LLC has secured financing for building and expanding Tall Oak’s gathering and processing in the central nor...

White Papers

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by

The impact of aging infrastructure in process manufacturing industries

Process manufacturing companies in the oil and gas, utilities, chemicals and natural resource industri...
Sponsored by

What is System Level Thermo-Fluid Analysis?

This paper will explain some of the fundamentals of System Level Thermo-Fluid Analysis and demonstrate...

Accurate Thermo-Fluid Simulation in Real Time Environments

The crux of any task undertaken in System Level Thermo-Fluid Analysis is striking a balance between ti...

6 ways for Energy, Chemical and Oil and Gas Companies to Avert the Impending Workforce Crisis

As many as half of the skilled workers in energy, chemical and oil & gas industries are quickly he...
Sponsored by

Available Webcasts



Global LNG: Adjusting to New Realties

When Fri, Mar 20, 2015

Oil & Gas Journal’s March 20, 2015, webcast will look at how global LNG trade will be affected over the next 12-24 months by falling crude oil prices and changing patterns and pressures of demand. Will US LNG production play a role in balancing markets? Or will it add to a growing global oversupply of LNG for markets remote from easier natural gas supply? Will new buyers with marginal credit, smaller requirements, or great need for flexibility begin to look attractive to suppliers? How will high-cost, mega-projects in Australia respond to new construction cost trends?

register:WEBCAST


US Midstream at a Crossroads

When Fri, Mar 6, 2015

Oil & Gas Journal’s Mar. 6, 2015, webcast will focus on US midstream companies at an inflection point in their development in response to more than 6 years shale oil and gas production growth. Major infrastructure—gas plants, gathering systems, and takeaway pipelines—have been built. Major fractionation hubs have expanded. Given the radically changed pricing environment since mid-2014, where do processors go from here? What is the fate of large projects caught in mid-development? How to producers and processors cooperate to ensure a sustainable and profitable future? This event will serve to set the discussion table for the annual GPA Convention in San Antonio, Apr. 13-16, 2015.

This event is sponsored by Leidos Engineering.

register:WEBCAST



On Demand

The Future of US Refining

Fri, Feb 6, 2015

Oil & Gas Journal’s Feb. 6, 2015, webcast will focus on the future of US refining as various forces this year conspire to pull the industry in different directions. Lower oil prices generally reduce feedstock costs, but they have also lowered refiners’ returns, as 2015 begins with refined products priced at lows not seen in years. If lower per-barrel crude prices dampen production of lighter crudes among shale plays, what will happen to refiners’ plans to export more barrels of lighter crudes? And as always, refiners will be affected by government regulations, particularly those that suppress demand, increase costs, or limit access to markets or supply.

register:WEBCAST


Oil & Gas Journal’s Forecast & Review/Worldwide Pipeline Construction 2015

Fri, Jan 30, 2015

The  Forecast & Review/Worldwide Pipeline Construction 2015 Webcast will address Oil & Gas Journal’s outlooks for the oil market and pipeline construction in a year of turbulence. Based on two annual special reports, the webcast will be presented by OGJ Editor Bob Tippee and OGJ Managing Editor-Technology Chris Smith.
The Forecast & Review portion of the webcast will identify forces underlying the collapse in crude oil prices and assess prospects for changes essential to recovery—all in the context of geopolitical pressures buffeting the market.

register:WEBCAST


Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected