Producers in the Anadarko Basin’s SCOOP and STACK plays have suffered the same pipeline labor pains as those in the Permian, albeit to a smaller extent.
Since Okla. City-based Continental Resources announced the first SCOOP discovery well in 2012, other producers followed en masse to find their own gushers in this oil-and-gas rich region of Okla. But just like the Permian and other major basins across the country, the lack of takeaway capacity to keep pace with production hit the Anadarko like a wall.
That’s when Houston-based Candor Midstream seized on a ripe opportunity. In January, this two-year-old startup purchased a 100-mile decommissioned natural gas pipeline in the heart of the SCOOP and went straight to work upgrading the system to offer rich gas-gathering and flow assurances from Okla. to processing facilities in Bridgeport, Texas. Even better, the line is now open for business. With an initial capacity of 200 MMCFD, Candor’s SCOOP-NORTHTX pipeline helps to debottleneck this sub-basin. Well done, Candor. What do you think?
You Might Also Like…
Energy Synergy
The new wave in clean-energy tech is accelerating faster than Friday afternoon traffic on a Dallas expressway. And more private equity firms and their investors want in on the ground floor.
Read More
A New Carbon Connection
In late 2016, Texas became home to the nation’s only—and world’s largest—carbon capture project at a coal-fired power plant that emitted more CO2 than any other in the nation. This was The Big Test and hopes played high.
Read More
Renewable Rice
The headlined proxy war in 2018 between two natural gas “machines” is practically stuff of legend. A year before, Pa.-based EQT acquired Rice Energy for $8.2 billion, creating the nation’s largest natural gas producer.
Read More
