Oklahoma City-based Continental Resources is expanding operations in the Permian Basin, including drilling and producing in the Barnett Shale of the Midland Basin and Central Basin platform. Hart Energy said July 29 that Continental has surfaced nearly 2 million barrels from six Barnett wells in Ector County since first barrels came online in October 2022 – some with IPs of more than 1,000 b/d.
Continental also is targeting other formations such as Mississippian beyond its traditional Bakken formation. Other companies such as Occidental Petroleum, Diamondback Energy and ConocoPhillips also are active in Permian Barnett, indicating the area’s growing importance. Barnett Shale is primarily known for its gas production in Fort Worth Basin.