SCOOP

Quiet

Quiet

“It’s quiet…Too quiet.” Although the origin of this statement is murky, the meaning speaks volumes; especially in the oil and gas industry of 2015. However, hope is still alive in Oklahoma and that hope would be named: SHALE. And, fortunately for Oklahomans, there is still considerable activity in the SCOOP and STACK plays. The number of active drilling rigs in Oklahoma has been fairly constant at just over 100 rigs the beginning of May thru September according to Baker-Hughes. Operators such as Continental and Newfield are still acquiring oil and gas leases.