Field Development | Exclusives / Features | Well Spacing | Capital Markets | Capital Expenditure - 2018
Alta Mesa Adds Eighth STACK Rig as Ops Accelerate; Moves from Derisk to Development
Email
Print 
Bookmark
As part of Shale Experts' June update for the SCOOP/STACK plays, we took a look at Alta Mesa's latest activity in the play.
The company recently added its eighth rig and plans to drill ~175 wells in the play in 2018 - a huge increase in activity compared to the prior year.
2018 Plans at a Glance
- 2018 Budget: $725-800 million (up +118% from $350 million spent in 2017)
- AMHLP Upstream STACK: $550-580 million
- Kingfisher County Ops: $175-220 million
- 2018 Production: 33-38 MBOEPD (up +70% YOY at the midpoint)
Multi-Well Development / Derisking and Delineating
Currently, Alta Mesa is transforming from derisking its midcontinent properties to development with 1,500' bench spacing.
Related Categories :
Exclusives / Features
More Exclusives / Features News
-
Why $90 Oil Isn’t Bringing Back the Rigs -
-
These Three Companies Will Increase Drilling & Completion Over The Next 3 Year -
-
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
-
Venezuela: Rebuild Potential vs. Stop/Start Reality — What It Means for International OFS
-
A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It -
Mid-Continent - Anadarko Basin News >>>
-
Comstock to Acquire Assets from Ovation Energy For $62.5 Million
-
Devon Energy Corp. First Quarter 2023 Results
-
SandRidge Energy, Inc., First Quarter 2023 Results
2.jpg&new_width=60&new_height=60&imgsize=false)
-
PHX Minerals Inc., First Quarter 2023 Results
-
Coterra Energy Inc., First Quarter 2023 Results
