The Anadarko Basin
The Anadarko Basin is a geologic depositional and structural basin centered in the western part of the state of Oklahoma and the Texas Panhandle. The basin covers an area of 50,000 square miles. Notable oil and gas fields within the basin include the Hugoton-Panhandle Gas Field, West Edmond Field, Union City Field and the Elk City Field.
Horizontal development of the STACK area began in the Cana-Woodford in 2007, with activity in Logan and Payne counties to the east picking up several years later. In late 2013, operators discovered the opportunities of Meramec Formation and shifted their focus to the core areas in Kingfisher and Blaine County, and have been focusing on this area since.
This area is fully developed with oil and natural gas infrastructure and there is an established market for both crude oil and natural gas in this part of Oklahoma.
The majority of the acreage in the STACK area has already been leased and a good deal of the acreage is held by production. For that reason we’re acquiring as much acreage as possible to ensure future exploration and developmental drilling opportunities.
Anadarko Basin Highlights
- 100% Developmental Drilling - No Wildcatting
- Multiple Potential Pay Zones
- Fully Developed Infrastructure.
- Minimal Dry Hole Risk