Not So Fast in Miss Lime/Woodford Stacks, but Pilots Holding Promise

摘要

The Mississippian Lime (ML) formation hasn’t proven itself to be a go-to drilling spot yet, but pilot wells show promise where the rocks, clay and sand intersect in Kansas and Oklahoma. The stacked formations are so varied and the pilots are still so new that determining whether there’s enough oil and liquids for the taking remains elusive. It likely will take two years before there’s a move to true manufacturing. A Wood Mackenzie upstream analyst said it’s still wait-and-see. Producers are taking it slow, but they also see a lot of promise.