New Kind of Oklahoma Land Rush—Anadarko Basin’s Unconventional Reserves Estimated to be 16 Billion Barrels of Oil, 200 TCF Gas, IHS Markit Says.
The Greater Anadarko Basin, a prolific source of conventional U.S. oil and gas prortion since the 1950s, holds an estimated 16 billion barrels of oil and more than 200 trillion cubic feet (TCF) of gas** in un-risked technically recoverable resources in unconventional reservoirs
“As it stands now, only about 20 percent of the Anadarko Basin’s STACK ‘sweet-spot’ locations have been drilled or developed,” Roberts said. “The play is still in its early stages of unconventional development. We can easily envision an additional 4,000 to 5,000 horizontal wells drilled.”
Keep well cheers Paul
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