Located primarily in Oklahoma’s Canadian, Kingfisher and Blaine counties, the STACK has become one of the top development plays in North America. Devon’s core acreage position of 280,000 net acres combines some of the best attributes of its Eagle Ford and Delaware positions. Like the company’s Eagle Ford asset, its STACK acreage is contiguous and located in the over-pressured oil window, the economic heart of the play. And like the company’s position in the Delaware Basin, Devon has tremendous stacked pay opportunities with multiple landing intervals in the Meramec, Osage and Woodford.
Devon's operations in the STACK are currently focused in the oil-prone Meramec and the liquids-rich Cana-Woodford Shale. Recent well-completion design enhancements have continued to improve economics which are among the highest in the company’s portfolio.
|STACK Key Stats|
|Production (2018 net):||125 MBOED (55% liquids)
24% of company
|Reserves (12/31/18):||432 MMBOE
22% of company
|2019e E&P Capital:||$325-$375 million|