DUG Midcontinent
Sept. 19-21, 2017
Oklahoma City, Oklahoma
Cox Convention Center
Register Featured Sponsors
Stratas AdvisorsKayne Anderson Energy FundsThru Tubing SolutionsNetherland, Sewell & Associates (NSAI)
Porter HedgesKLX Energy ServicesSpartan Energy PartnersXtreme Coil DrillingCARBO CeramicsSNC Lavalin (Valerus)Baker HughesArchrockFairmount Santrol Proppant SolutionsEvolution MidstreamWellDogTenarisParagon IndustriesD&L Oil ToolsSentry Technologies
Operator Sponsors
Chesapeake EnergyEclipse ResourcesSandRidge EnergyMarathon Oil Corp.FourPoint Energy
Hosted By
E&POil and Gas InvestorMidstream BusinessUnconventional Oil & Gas Center

2013 DUG Midcontinent Conference

2013 DUG Midcontinent Show Report

See below for the 2013 conference agenda. To download a presentation, click the speaker's name and enter the username and password you received via email following the event. Your log-in credentials are only applicable to this conference and may only be used by registered attendees.

2013 – Conference, Day 1

Morning Keynote: The High-Chat Lime View From The Nemaha Ridge

With some 360,000 net acres in Oklahoma and the Texas Panhandle, Range Resources Corp. is actively developing its Mississippi Lime/Chat potential in Kay and Cowley counties on the Nemaha Ridge, making wells that produce more than 50% oil. Also, its work in the Woodford, Granite Wash and the St. Louis Lime, which it proved horizontally in 2011, bring its Midcontinent resource potential to as much as 9 Tcfe. Here, discover its latest findings and plans going forward.

  • Ray Walker, Senior Vice President and Chief Operating Officer, Range Resources Corp.

Finance Panel: Deals & Dollars

Strong flows and lower well costs have made for a rush of companies into the Midcontinent, dramatically boosting asset valuations. Here's a review of regional deal metrics and in contrast with those of other U.S. basins, along with a case study of new private-equity investment in Midcontinent E&P.

  • Midcontinent M&A Price Metrics
    Doug Reynolds, Head, U.S., Scotia Waterous, Scotiabank Global Banking & Markets

  • Case Study: Private-Equity Investment in Midcontinent E&P
    Robert Watson Jr., CEO, EnerJex Resources Inc. - Presentation not available

  • Successful Private-Equity Investments in the Midcontinent
    Daniel Weingeist, Managing Partner, Kayne Anderson Energy Funds

Panel: Rocks & Rigs In The Midcontinent

The Mississippi Lime play has grown from its roots in north-central Oklahoma into south-central Kansas and beyond. Activity is surging, with some 70 rigs at work drilling horizontal wells and hundreds of drilling permits on file. Sterling well results—some completions are in excess of 1,000 barrels of oil equivalent per day—are increasing the buzz. Here's a look at the geological setting, reservoir properties, pay evaluation methods and current drilling action.

Solving For Growth: Eagle Energy-Midstates' Mississippi Lime

A Tulsa-based and longtime Oklahoma oil and gas developer describes how he put together a leading Mississippi Lime position as the portfolio's acquirer presents plans for the assets and how its new Lime play brings strategic upside potential to its overall corporate-growth projections.

  • The Back-Story
    Steve Antry, Chairman and CEO, Eagle Energy of Oklahoma LLC

  • Going Forward
    Tom Thiele, Vice President, Mid-Continent Region, Midstates Petroleum Co. Inc.

Operator Spotlight: The Scoop On The SCOOP

The new South Central Oklahoma Oil Province play is an extension of the Cana Woodford play into an area particularly rich in liquids. This blooming area, featuring very thick Woodford, is yielding excellent results from early wells.

A Special Address From U.S. Senator James M. Inhofe

In videotaped remarks from his office in Washington, D.C., U.S. Senator Jim Inhofe (R–Oklahoma) provides insight for DUG Midcontinent attendees on current legislation under way affecting U.S. oil and gas producers and his efforts to promote good U.S. energy policy.

  • U.S. Senator James M. Inhofe, (R-Oklahoma) - Presentation not available

Afternoon Keynote: The New Face Of Midcontinent Markets

This discussion from a leading industry analyst examines how traditional market relationships between regions are changing, and how these changes are affecting Midcontinent producers. Natural-gas flow patterns are being transformed and NGL markets are in upheaval. Crude oil enters the equation in a big way. Hear about the impact of Northeastern gas, the interplay between the Conway and Mont Belvieu hubs and the future of Cushing differentials. Learn what, if anything, Midcontinent producers can do to advance their causes.

  • Porter Bennett, President and CEO, Ponderosa Advisors - Presentation not available

Operator Panel: The Private Approach

Private and semi-private operators have compiled substantial positions in the Midcontinent's resource plays. Learn of their findings, best practices, plans and views of these stacked pay zones.

  • Miss Lime in Northern Oklahoma
    Jason Garner, Chief Operating Officer, HighMount Exploration & Production LLC - Presentation not available

  • The Mississippi Lime in Kingfisher County
    Hal Chappelle, President and CEO, Alta Mesa Holdings LP

  • Lessons from the Midcontinent
    Dudley Viles, President and CEO, Bright Horizon Resources LLC

Midstream Spotlight: DCP's NGL Plans & More Midcontinent Take-Away

With an additional $2-billion-plus in capital investments under way in the Midcontinent, DCP Midstream LLC is growing its position in the region to include NGL take-away to Mont Belvieu, accommodating more than 250 million cubic feet a day of liquids-rich gas from the Granite Wash, Woodford Cana, Tonkawa, Marmaton and Cleveland plays, and installing grassroots gathering systems in the western and eastern Mississippi Lime. Here are the plans and a progress report.

  • Greg Smith, President, Permian and Midcontinent, DCP Midstream LLC

Midstream Panel: Legacy Infrastructure & New Projects

The Midcontinent is home to extensive legacy infrastructure, but new volumes are overwhelming existing systems. This panel examines the current state of the facilities and what plans are afoot to expand that base.

  • Bill Ward, Vice President, Gas Supply and Business Development, Superior Pipeline Co.

  • Rick Wilkerson, President and CEO, Velocity Midstream

  • Roger Fox, Senior Vice President, Midstream Business, Eagle Rock Energy Partners LP

  • Pierce Norton, Executive Vice President, Commercial, ONEOK and ONEOK Partners

Spotlight: The Changing Dynamics Of Regulations

Developing conventional reservoirs through unconventional technology has brought new challenges in the Midcontinent region for operators, regulators, mineral owners and the general public. While Oklahoma is recognized as a leader for safe and sensible regulations, cooperation and collaboration among these divergent stakeholders has become a key component of dealing with these challenges and keeping a good regulatory climate.

2013 – Conference, Day 2

Opening Keynote: Apache's Barrel-Busting Midcontinent

With 10 operating regions operating in six countries, Apache Corporation ranks among the largest and most active independent oil and gas production and exploration companies in the world. No Apache region has made the transition from vertical to horizontal drilling quicker or more thoroughly than the Central Region.

  • Robert Johnston, Vice President, Central Region, Apache Corp. - Presentation not disclosed

Technical Spotlight: Seismic Strategies In Midcontinent Resource Plays

While a wealth of existing vertical control has encouraged operators to skip the seismic step in many Midcontinent plays, new findings show geophysical attributes may help hone location selection in the heterogeneous reservoirs.

Roundtable: Holes & Horsepower In The Heartland

Drilling and completion strategies have to be custom-tailored to each resource play, and operators are continually experimenting with ways to improve well results and cut unnecessary costs. In this roundtable, operators and service firms address how they are cracking the nut in the Midcontinent, including discussions of long laterals, simultaneous operations and more.

  • Mark Parker, Senior Business Technical Manager, Midcontinent, Halliburton - Presentation not available

  • Daniel Smith, Chief Executive Officer, Petro River Oil LLC - Presentation not available

  • Alan Aitken, Director Applications Engineering, Sales and Operations Support, Baker Hughes - Presentation not available

  • Mike O'Kelley, President and COO, Eagle Energy Company, LLC - Presentation not available

Operator Spotlight: Newfield's Woodford Wonders

Having made some 500 Arkoma Woodford wells, with 374 of these horizontal, Newfield Exploration Co. is the front-runner in the play and is now working on Anadarko (Cana) Woodford potential. Plus, its first Hogshooter well in the stack-pay region IP'ed more than 5,000 BOE per day, 90% liquids, and averaged more than 4,200 over 30 days. Here are its overall findings and its plans for 2013, including for Cana Woodford spacing pilots.

  • Clay M. Gaspar, Vice President, Midcontinent, Newfield Exploration Co.

Operator Spotlight: The Marmaton In The Oklahoma Panhandle

A vibrant Marmaton play is under way in the Oklahoma Panhandle. Learn how Unit Petroleum, holder of 112,000 net acres centered in Beaver County, has grown production on its acreage. The company plans to spend $90 million on the play this year; hear the details of its results to date and future plans.

  • Frank Young, Senior Vice President, Unit Petroleum Co.