FourPoint Energy: Big Data Boosts Western Anadarko

Puzzled over how the digital oilfield can extend productivity in an underappreciated stacked pay basin? Take a cue from Denver-based, private equity-backed FourPoint Energy Inc. The company is rapidly transforming the western Anadarko Basin stacked pay play into an economically versatile portfolio able to respond quickly to commodity price signals from either oil or gas. Toss in the ability to go long on cost-saving superlaterals and it appears the western Anadarko has running room yet after more than 100 years of production. That's the word from Brendan Currant, FourPoint's vice president geology. Curran outlined rapid change in the company's understanding of the western Anadarko Basin at Hart Energy's DUG Midcontinent Conference in November.