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The Midcontinent Granite Wash is a series of tight gas plays (Lard Ranch, Buffalo Wallow, Stiles Ranch, and Colony West) that runs from the Texas Panhandle to Southwest Oklahoma. There is some oil production in the Granite Wash, mainly in Oldham and Gray counties in Texas. The sandstone reservoir is about 160 miles long and 30 miles wide. Operators are using both horizontal and vertical drilling to produce reserves from this longtime target.
Economic rates are achieved by multi-stage, slickwater fracture treatments and close attention to costs. There are over 2600 operating wells in the Granite Wash, and some of the operators include Chesapeake Energy, Newfield Exploration, Penn Virginia, Cimarex Energy, Questar, Linn Energy, Forest Oil, Apache Corp., BNK Petroleum, Devon Energy, and Cordillera Energy Partners III.
Investor group to gain shale play acreage with Samson acquisition
Nov 23, 2011
An investor group consisting of KKR, NGP, Crestview Partners and Itochu Corp., has signed a definitive agreement to acquire Samson Investment Co., one of the largest private exploration and production companies in the US, for $7.2 billion. |
ONEOK Partners to invest up to $240 million in Cana-Woodford Shale and Granite Wash
Dec 15, 2010
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Apache completes horizontal wells in Granite Wash
Nov 4, 2010
Houston-based Apache Corp. reported Nov. 4 that the first two horizontal wells to target the Hogshooter segment of the Granite Wash play in the Anadarko Basin each commenced production at rates exceeding 2,000 barrels of oil per day. |
LINN Energy reports production from third, fourth Granite Wash wells
Sep 7, 2010
LINN Energy LLC today announced results from its third and fourth operated horizontal Granite Wash wells in the Greater Stiles Ranch area of the Texas Panhandle. |
PXP reports 'impressive' Granite Wash results
Aug 6, 2010
On August 5, PXP announced its plan to monetize certain of its GOM assets to focus on production growth from the Haynesville shale and Granite Wash. Initial production rates for two wells drilled in the Granite Wash in 2Q10 look promising. |
Newfield to slow the pace of Woodford, Granite Wash development
Jul 9, 2010
Newfield Exploration Co. is reducing its planned gas development wells in the second half of 2010 to emphasize oil plays despite growth of 20% expected in its Granite Wash production this year. |
SM Energy completing second Granite Wash well
Jun 17, 2010
SM Energy Co., formerly St. Mary Land and Exploration, recently started its Granite Wash drilling program with two wells. |
Unit Corp deems 3 of 4 intervals economic in Granite Wash
Jun 8, 2010
Tulsa, Okla.-based Unit Corp. is logging new developments in the Texas Panhandle portion of the Granite Wash. With reserve estimates of its 2009 Frank Shaller 7H horizontal well standing at 6.0 to 8.0 Bcfe and four wells drilled in the first quarter of 2010, the company is testing the area for further drilling. |
Forest Oil sets aside $182M for Granite Wash in 2010
May 8, 2010
While focusing on its unconventional assets, Forest Oil Corp. has been particularly impressed with its Granite Wash program. |
Apache's Granite Wash Hostetter well producing 17 MMcf, 800 b/d
Oct 30, 2009
Apache Corp. has released results from its Hostetter #1-23H well in Oklahoma’s Granite Wash play in Washita County is producing 17 million cubic feet (MMcf) of gas and 800 barrels of liquid hydrocarbons per day. |
Building an E&P company and making exit decisions
Oct 1, 2005
Peak Energy Resources Inc. was formed in November of 2002 with an initial equity commitment from Yorktown Energy Partners of $10 million.
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