Replies to post #13484 on The Rising Influence of Rising Affluence

[mr_o]

Re: CLB

Dew did you happen to catch the context of this quote from the conference call?

n addition to the Permian Basin of West Texas, more recently the STACK B area of Oklahoma has emerged as another area that shows a very favorable economics in current market conditions. Recent reporting from operators show the STACK B has the advantage of multiple pay zones, providing numerous targets in a mature low cost infrastructure-rich producing region. On average, the STACK B area delivers initial production rates, and irreducible eventual recovery; sorry, that are on par with the Permian.

Historically, most of the unconventional drilling in the STACK B is focused on the Silurian-aged Woodford Shale. Reservoir management has an ongoing project evaluating the Woodford. More recently, however, the overlying Mississippian-age Meramec and Osage formations have become the targets of choice. Since the Meramec and Osage are not source rocks, the underlying Woodford is most likely the source of hydrocarbons that have migrated into these zones.

In particular I am trying to understand the meaning of "STACK B", opposed to just saying "STACK"