About 10 miles south of Tulsa, the city of Glenpool holds a most unique oil and gas legacy. If you were around in 1905 (and if you were, we want to hear from you), you might remember the Glen Pool discovery, which started on a rural farm with a single well drilled 1,400’ deep and gushing an initial 75 BPD. Within a few months, the Glen Pool was declared the world’s largest oilfield, and practically overnight Tulsa, Okla., would be declared the Oil Capital of the World. Wildcatters soon descended on the state, making extraordinary discoveries that led geologists at the time to proclaim Okla., was “sitting atop what appeared to be the biggest, deepest oil deposit ever.” One that stretched from North Texas to Kan., and later dubbed the Mid-Continent Field.

Reese Energy Consulting today is following the latest piece from Hart Energy publications, which offers a current overview of the Midcon Okla., plays and the E&Ps sticking with them. The Anadarko’s SCOOP/STACK reins king here for producers who know well the core of its oiliest center in a gassy basin.

Continental Resources has long been a stalwart here, reporting 32% of 2Q total production. Devon Energy, Mewbourne Oil, Camino Natural Resources, Citizen Energy III, Coterra, Mach Resources, and Ovintiv claim large Anadarko footprints, with Ovintiv reporting lowest base decline rates and offering less capital investment across its entire portfolio, while adding significant free cash flow. Coterra cited the Anadarko’s proximity to the Henry Hub “as some of the strongest gas realizations in our portfolio.” Devon’s JV with Dow pointed to the Anadarko delivering “solid returns and double-digit production growth” in 2Q.

While all eyes are on the Permian and Bakken, it would be foolhardy to underestimate the Midcon for all the crude, natural gas, and NGL resources it continues to offer and wait to be discovered.