By OGJ editors
HOUSTON, Feb. 9 -- Newfield Exploration Co. has begun producing oil from the Woodford shale on the far west side of its predominately dry gas play in the Arkoma basin in southeastern Oklahoma.
The company, which has drilled six wells in Coal County, Okla., reported a peak initial rate of 1,400 b/d of oil equivalent, 35% oil. Four wells averaged 950 boe/d the first 30 days on production, 840 boe/d the first 60 days, and 760 boe/d the first 90 days. The oil is 41° gravity.
Newfield plans to run two to three rigs and drill 12-18 wells in the oily part of the play in 2011. It has identified 100 potential well locations so far.
Practically all of the company’s 172,000 net acres in the overall play are held by production. The leases are in Atoka, Coal, Hughes, and Pittsburg counties.