Midcontinent's Granite Wash has true grit

摘要

A revival in the Anadarko basin has awakened a geologically challenging, liquids-prolific tight sands resource play. Technological innovation and reservoir knowledge have revived the decades-old Granite Wash, a tough-to-wrangle and, as the name suggests, weathered Mid-continent oil and gas resource play that has produced since the late 1950s. As a horizontal exploitation target, the tight sands conglomerate is kicking up dust in the unconventional arena, spurring higher output from its operational areas in the Panhandle region of northern Texas and western Oklahoma as a result. A number of high-rate horizontal wells are keeping the Granite Wash on pace to deliver large volumes of condensate and natural gas liquids (NGLs), making the play a core driver of growth for many operators in an uncertain gas-pricing environment.