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Re: OilGuy2 post# 18556

Thursday, 01/24/2019 12:21:11 AM

Thursday, January 24, 2019 12:21:11 AM

Post# of 19131
And also with that said, Newfield Exploration, Devon Energy and Continental Resources are the big dogs in both plays. These are pretty much the only three that have enough leases to drill double laterals, 10,000' to 10,500' vertical sections. There would be no way that a small company, especially like CEGX to obtain enough leases to drill like this. There's would have to be single laterals still costing around 2 million a well but with half the result on production. But then again I've drilled wells in the STACK that were single laterals to a total depth of 15,000' to 16,000' that only took 7 days in its entirety to drill that produced the same as I mentioned on the last post and only cost 1.5 million from start to finish. Anyways, it would be an amazing venture if they indeed obtained a few leases. Hell, I'll work for CEGX for free as their geologist if they it actually happened. My specialty is in the STACK in Kingfisher, Blaine and Canadian counties and I have a lot of knowledge with the SCOOP.

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