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08.06.2017, 12:00
OKLAHOMA CITY - Oil and natural gas companies doing business in Oklahoma continued to praise the state's premier fields this week, announcing stronger-than-expected well results and plans for more drilling over the next year. The announcements were made while oil prices slipped this week, partially because of renewed concerns about rising production. Despite stalling prices, local executives detailed their increased drilling plans while also describing protections in case prices slump. Several companies also described efforts in new rock layers or formations. Executives from both Continental Resources Inc. and Newfield Exploration Co. said they recently competed successful tests of the Sycamore formation,www.amassdenver.com (http://www.amassdenver.com/), which is a rock layer in Oklahoma's SCOOP field that lies above the more popular Woodford layer. Elsewhere in the region,cheap jordans (http://www.amassdenver.com/), Chesapeake Energy Corp. executives teased the company's efforts in the Chester formation, where Chesapeake teams have studied the rock layers and plan to drill their first test wells later this year. Devon Energy Corp. executives focused on their recently completed and upcoming spacing tests in the STACK. At the upcoming Showboat project,cheap jordans for sale (http://www.amassdenver.com/), the company plans to drill 25 to 30 wells across two drilling units in the Meramec and Woodford formations. If successful, the company could drill more than 20 wells per drilling unit with future development projects,online air jordan (http://www.onlineairjordan.com/), CEO Dave Hager said. Overproduction concerns While touting the plans for increased drilling activity,www.onlineairjordan.com (http://www.onlineairjordan.com/), the

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