The Springer reserve area in Oklahoma is emerging as one of the premier oil basins in the region, Continental Resources said Thursday. Continental, which has headquarters in Oklahoma City, said four wells in the Springer play inside the South Central Oklahoma Oil Province, known by its initials SCOOP, should yield as much as 940,000 gross barrels of oil equivalent for the company. “The Springer adds another significant oil resource driver to Continental’s strategic growth outlook,” Continental Chairman and Chief Executive Officer Harold Hamm said in a statement. “It’s distinguishing itself as the most productive play in Oklahoma, and it’s right in our back yard.” Oil services company Baker Hughes said shale basins in Oklahoma were among those witnessing the biggest gains in wells started during the third quarter. SCOOP lies in part of the Woodford shale that […]