Why Oklahoma’s Anadarko Basin?
Did you know Oklahoma is the 3rd largest historically producing state in the United States?
If you normalize to land area, did you know Oklahoma ranks #1 in most barrels of oil equivalent produced (6:1) per acre?
Did you know Oklahoma's Anadarko Basin is home to more than 350 horizontal wells which produced more than 2,000 barrels of oil equivalent per day (boe/d) from SIX different formations (Woodford, Meramec, Sycamore, Hoxbar, Springer, and Osage)? These world-class wells boast >50% IRR in a sub-$50 oil price environment, making the Anadarko basin one of the most prolific basins in the United States.
While our wells rival that of the Permian, our completion and production designs are still in their adolescent years. Devon Energy's record Privott 17-20-16N-9W 1HX well in Blaine County, OK at 6,000 Boe/d (50% oil cut) is but one example of what we might be able to expect with better completion designs.
Why Deal With Hefner?
We pride ourselves on swift responses and going out of our way to be helpful to all those who engage with us. We enjoy helping mineral owners understand the value of their property, and monetizing those interests when it makes sense for them.
We discount all future cash flows and are happy to pay you what your minerals are worth; please give us a call when you're ready. Having paid more than $40,000 per net mineral acre, and deployed more than $70 million since 2016, we are confident nobody will treat you more fairly.
Some More About the SCOOP & the STACK
The SCOOP was first coined by Continental Resources (NSYE:CLR) in 2013, standing for "South Central Oklahoma Oil Province." Since, it's become one of the most prolific plays in the United States and was awarded Oil & Gas Investor's Best Discovery in 2015. While this play has been overshadowed by the STACK play in recent years, Gulfport Energy's (NYSE:GPOR) unexpected 2016 entry into the SCOOP (through acquisition of Vitruvian Exploration II) for more than $28,000 per net acre demonstrates just how exciting the SCOOP still is.
Top 10 SCOOP Producers:
Newfield Exploration announced it's "STACK" play shortly after Continental announced the SCOOP play in early 2013; STACK standing for "Sooner Trend Anadarko basin, Canadian and Kingfisher Counties." This play has quickly emerged as one of the top plays in the United States, highlighted by Devon Energy's (NYSE:DVN) 2015 acquisition of Felix Energy for roughly $23,750 per net acre.