Report from IHS Markit notes a new Oklahoma land rush is underway in the Anadarko Basin

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By Jack Money Business Writer jmoney@oklahoman.comBooming production is leading to a 21st-century "land rush" for mineral rights in the Anadarko Basin, an oil and natural gas industry analyst reported on Thursday. IHS Markit, a publicly traded data and analysis firm, estimates the basin holds more than 16 billion barrels of oil and more than 200 trillion cubic feet of natural gas within reservoirs that can be drilled and produced using today's technologies. The report notes that horizontal wells that were drilled and completed the past decade within the basin, which extends north and west from southern Oklahoma into parts of Texas and Kansas, already created a tsunami of growing production that doesn't appear will slow anytime soon. It adds that IHS...

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Report from IHS Markit notes a new Oklahoma land rush is underway in the Anadarko Basin

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