Operators in Oklahoma’s SCOOP and STACK plays have been improving their economics with “super pads,” which contain wells completed with more than 3,100 lb/ft of proppant, according to Enverus Intelligence® | Research (EIR). The resulting uptick in productivity can shave $5/bbl off breakeven prices, analysts wrote in a report called Mid-Con Super Pads, released June 5 and available to EIR subscribers. The operator most often opting for the bigger frac loads is Devon Energy, which has deployed the completion design about 60 times representing 91% of its completions since the beginning of 2021, according to EIR.
In its Q1 earnings presentation released in early May, Devon highlighted the Hornet development in Blaine County, Oklahoma, which it said delivered initial 30-day rates as high as 4,000 boe/d. According to state data accessed with Enverus Foundations, the pad contains three wells targeting the Woodford with 10,412-ft laterals. The two with reported frac loads averaged 3,243 lb/ft of proppant and 39 bbl/ft of fluid.
Circling back to a well pad Devon highlighted in its 3Q22 earnings last November, the five-well Otto Meramec/Woodford co-development delivered IP30s averaging 2,700 boe/d in the first 30 days, according to the company. Located in Canadian County, the wells – four targeting the Meramec and one the Woodford – had laterals averaging 12,393 ft, with three stretching over 15,000 ft, according to state data. Proppant loads averaged 3,236 lb/ft, with fluid loading of 44 bbl/ft. In the first 90 days, the wells averaged 1,527 boe/d, or 127 boe/d per 1,000 ft.
Mid-Con super pads: Monstrous completions yield better economics. Click for more (available to Enverus Intelligence® | Research subscribers)!
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