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Denver-based FourPoint Energy is using acquisitions and a proprietary, region-wide database to create new value in the overlooked western Anadarko Basin.
The Pluma-1 well, which was drilled by the Noble Tom Madden drillship, hit about 37 m (121 ft) of high-quality hydrocarbon-bearing sandstone reservoir.
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Familiar trends will continue to resonate in the new year as Shale 2.0 becomes another year older.
The field studies project, now in phase 17, seeks to advance geophysical research to explore new methods and technologies for better reservoir performance.