News and Press Releases
AAPG Reviews Outstanding Characteristics of Mississippian Oil Play
Mississippian a Symphony, Not a Solo By DAVID BROWN, EXPLORER Correspondent In the mid-continent Mississippi Lime, it’s the same song and a totally new verse – with a challenging geological chorus. Horizontal drilling has orchestrated a booming new oil and gas play in northern Oklahoma and southern Kansas, keyed to the presence of chert, tripolite, [...]
Read MoreMississippi Limestone— Horizontal Drilling Liquids Play
Petroleum Technology Transfer Council , December 2011 reports: Mississippi Limestone— Horizontal Drilling Liquids Play A thick Mississippian porous limestone has been identified in Oklahoma and Kansas overlying the Woodford Shale. Oil has been produced from the Mississippian Limestone for over 50 years in minor amounts, but the recent emphasis on liquid-rich plays has caused operators [...]
Read MoreHot Stocks reports: Superior Oil and Gas Co. (PINK:SIOR) Rises Up
Peter Hristov reported on in Hot Stocks Jan 4, 2012 Superior Oil and Gas Co. (PINK:SIOR, SIOR message board) has been steaming in the last couple of days as both volume and price surged up on the chart. SIOR was moving in a trading range around $0.008 during most of December. However, at the end [...]
Read MoreSandridge and Spanish company, Repsol, invests heavily to explore Mississippi Lime Oil Play
By Tulsa World Staff and Wire Reports Published: 12/29/2011 2:20 AM International oil and gas players are diving into the growing Mississippian play of northern Oklahoma and southern Kansas. Oklahoma City-based Sand Ridge Energy Inc. is selling drilling rights to 363,636 acres in the Mississippian to Spanish company Repsol YPF. SandRidge said it will receive [...]
Read MoreSandRidge Energy, Inc. Announces $1 Billion Mississippian Joint Venture
OKLAHOMA CITY, Dec. 22, 2011 /PRNewswire/ — SandRidge Energy, Inc. (“SandRidge”) (NYSE: SD) announced today that it has entered into a Joint Venture (“JV”) with a subsidiary of Repsol YPF, S.A., a leading international energy company based in Madrid, Spain. Under the agreement, SandRidge will sell an approximate 25% non-operated working interest, or 250,000 net [...]
Read MoreMississippian Horizontal Limestone Play: Oil boomlet sweeps U.S. as exports and production rise
By Wendy Koch, USA TODAY Looking at your heating bills or gas prices, you may find it surprising that the United States is enjoying a mini oil boom. It’s producing more crude oil and, for the first time in decades, has become a net exporter of petroleum products such as jet fuel, heating oil and [...]
Read MoreTulsa World Reports Chairman of Eagle Energy’s Thoughts on Mississippian Lime Horizontal Drillin
By ROD WALTON World Staff Writer Published: 12/2/2011 1:41 AM Last Modified: 12/2/2011 5:23 AM Steve Antry is chairman and CEO of Tulsa-based Eagle Energy Co. of Oklahoma LLC. Before founding Eagle in 2009, he was founder, chairman and CEO of Beta Oil & Gas Inc. In 2004, Antry helped merge Beta with Houston-based PetroHawk [...]
Read MoreSandRidge Energy’s CEO Discusses Mississippi Lime
In their Q3 2011 conference call, SandRidge Energy’s CEO discusses the Mississippi play, below are some quotes: “We believe the Mississippian is the most capital-efficient play in the U.S.” “At the same time, our Mississippian production has performed above our expectations” “The Mississippian oil production is in line with our type curve, and our natural [...]
Read MoreMississippi Lime Acreage Reportedly Selling for over 4K an Acre
Oil and Gas 360 reports that recent deals in the Mississippi Lime have been going for upwards of $4,000 per acre. In August 2011, SandRidge Energy (NYSE: SD) entered into a JV with an affiliate of Atinum Partners Co in which Antium paid $4,425 per acre for a 13.2% non-operated WI in SD’s 860,000 acres. Companies [...]
Read MoreIndustry Moving Quickly On Mississippian Resource Play
Industry Moving Quickly On Mississippian Resource Play Posted: Nov 16, 2011 09:10 AM by Eric Fox in Investopedia The exploration and production industry is accelerating the development of various Mississippian horizontal plays in Oklahoma and Kansas, as it seeks to fulfill the popular goal of increasing production composed of crude oil and natural gas liquids. [...]
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