Louisiana: Forest returns rig to Haynesville shale

By OGJ editors

Forest Oil Corp., Denver, has returned a drilling rig to its acreage in the Haynesville shale play of East Texas and Northwest Louisiana.

The company decided to reenter the play as a result of positive performance from its restricted rate production program from the seven wells drilled in 2010 and reductions in drilling and completion costs in the region. The seven wells have produced at an average 8 MMcfe/d in their first 240 days of production and, at the end of the 240 days, averaged 4,300 psi flowing pressure.

Forest now believes that the estimated ultimate recovery from these wells should exceed the 6.5 bcfe type curve. Forest recently completed its first well in the area in 2011, which had an initial restricted rate of 12 MMcfe/d with 8,640 psi flowing pressure. The performance from this most recently completed well is consistent with that of other rate-restricted wells drilled in 2010, the company said.

Related Articles

Freeport LNG supply header, compression trains advance

09/11/2014 Gulf South Pipeline Co. LP, a subsidiary of Boardwalk Pipeline Partners LP has reached 20-year firm precedent agreements with foundation shippers t...

Shell reshuffles US shale assets in two major deals

08/14/2014 Royal Dutch Shell PLC has agreed to two separate transactions in which it will exit its Pinedale and Haynesville onshore gas assets in exchange for...

MarkWest units announce capacities plans, update projects

08/07/2014 MarkWest Energy Partners LP, Denver, will add 720 MMcfd of natural gas processing capacity and 110,000 b/d of NGL fractionation capacity in seven p...

Vanguard to acquire Cotton Valley, East Haynesville acreage

08/04/2014 Vanguard Natural Resources LLC, Houston, has entered into a definitive agreement to acquire natural gas, natural gas liquids, and oil assets in Nor...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected