Oklahoma Weekly Permits to Drill: 05/22 thru 05/26
The number of permits filed dropped to 35 for the week of 5/22 thru 05/26. That makes 3 weeks in a row for a decline in permit applications.
One interesting stat is that the number of vertical wells was almost identical to horizontal. Performance Operating filed 4 permits, all shallow, vertical wells, and all located in Washington County, OK.
BP, Continental, Marathon, and Newfield were the top horizontal operators, each with 2 permits. Continental appears to also be interested in the Arkoma Region (See last week's blog) ; filing one application in Coal County, OK.
Convey Energy Consultants