Operators in Oklahoma’s SCOOP and STACK plays have been improving their economics with “super pads,” which contain wells completed with more than 3,100 lb/ft of proppant, according to Enverus Intelligence® | Research (EIR). The resulting uptick in productivity can shave $5/bbl off breakeven prices, analysts wrote in a report called Mid-Con Super Pads, released June 5 and available to EIR subscribers. The operator most often opting for the bigger frac loads is Devon Energy, which has deployed the completion design about 60 times representing 91% of its completions since the beginning of 2021, according to EIR.
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In its Q1 earnings presentation released in early May, Devon highlighted the Hornet development in Blaine County, Oklahoma, which it said delivered initial 30-day rates as high as 4,000 boe/d. According to state data accessed with Enverus Foundations, the pad contains three wells targeting the Woodford with 10,412-ft laterals. The two with reported frac loads averaged 3,243 lb/ft of proppant and 39 bbl/ft of fluid.
Circling back to a well pad Devon highlighted in its 3Q22 earnings last November, the five-well Otto Meramec/Woodford co-development delivered IP30s averaging 2,700 boe/d in the first 30 days, according to the company. Located in Canadian County, the wells – four targeting the Meramec and one the Woodford – had laterals averaging 12,393 ft, with three stretching over 15,000 ft, according to state data. Proppant loads averaged 3,236 lb/ft, with fluid loading of 44 bbl/ft. In the first 90 days, the wells averaged 1,527 boe/d, or 127 boe/d per 1,000 ft.
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