How Enable Midstream Benefits from Position in SCOOP and STACK



Enable Midstream’s SCOOP and STACK plays

Enable Midstream Partners (ENBL) is expected to benefit the most from increased drilling activity in the SCOOP[1. South Central Oklahoma Oil Province] and STACK[2. Sooner Trend Anadarko Canadian Kingfisher] plays. The company is the top processor in the region with a market-leading active rig count of 23.

EnLink Midstream Partners (ENLK) is another MLP that’s bullish on expansion opportunities in these plays.

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New agreement with STACK producer

ENBL recently announced a new ten-year gas processing contract with an active STACK producer. It replaced an existing POP (percentage of proceeds) contract with a fixed-fee contract, which is expected to lower ENBL’s commodity price exposure. It also received an additional 61,400 acres of dedication in the STACK region.


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