In Oklahoma the key producing horizon is the Hunton formation. The Hunton is a carbonate rock formation which has been largely ignored by the industry in areas with high water/hydrocarbon production ratios. Over the last decade, new drilling and production techniques have enabled profitable development of the Hunton formation. Extensive dewatering lowers reservoir pressure allowing the liberation and mobilization of oil, natural gas liquids and gas from smaller rock pores. Typical peak hydrocarbon production rates average 150 boe/d per horizontal well and are generally observed within six months of production commencement.
Equal's acreage is centered in Lincoln, Logan and Jefferson counties. Equal maintains a U.S. office located in Oklahoma City and a field office in Carney, Oklahoma.