By OGJ editors
HOUSTON, Jan. 14 – Forest Oil Corp. plans to run four rigs in the eastern Texas Panhandle in 2010, where its third and fourth operated horizontal Pennsylvanian Granite Wash wells exceeded expectations.
The third well tested at a 24-hr rate of 15.1 MMcfd of gas, 1,200 b/d of oil and condensate, and 2,400 b/d of natural gas liquids in December 2009. The fourth well made 16 MMcfd, 1,300 b/d, and 2,200 b/d in January 2010.
Forest drilled 4,200-ft legs and ran 9-10 frac stages. Well costs are expected to improve from the averaged $6.8 million for the two wells. The Granite Wash acreage is in Roberts, Hemphill, and Wheeler counties.