Newfield in the News

SCOOP, STACK Plays Drive Development Activity In Mid-Continent Region

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Jul 28, 2016
The American Oil and Gas Reporter publishes a special report on SCOOP and STACK operators with a spotlight on Newfield.

 

Five years ago, Newfield Exploration took a chance on a play concept in the middle of the American heartland. That concept ultimately developed into one of the highest-potential liquids resource plays on the map: the Sooner Trend Anadarko Canadian Kingfisher (STACK) trend in Oklahoma’s Anadarko Basin.

“We had an idea,” recalls John Jasek, Newfield’s senior vice president of operations.
“At the time, we saw a downturn in natural gas prices coming, and we knew we needed to be more oil focused and balance our portfolio with more liquids.”

Read the full story here.