Ardmore basin Woodford gas plan takes off

05/26/2008
Operators are pursing gas and liquid hydrocarbons in Mississippian-Devonian Woodford shale in the northwestern Ardmore basin in southern Oklahoma.Bankers Petroleum Ltd., which calls the field Tishomingo, is implementing a development plan that entails drilling 30 gross wells in 2008 at a capital cost of $45 million.The wells produce gas, oil, and natural gas liquids from the Woodford, which averages twice the formation’s thickness in the Arkoma basin (see table). Click here to enlarge imageBankers had five wells on production in Tishomingo in mid-May at a combined 3.1 MMcfd of gas equivalent, 64% gas, and was recovering frac fluid from a second commercial discovery in the area.Bank...
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