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

Devon, Crosstex complete merger of midstream assets

03/07/2014 Devon Energy Corp., Oklahoma City, and Crosstex Energy LP, Dallas, have completed the merger of their midstream assets to form general partner EnLi...

Baker Hughes: US drilling rig count spikes to 1,792

03/07/2014

The US drilling rig count jumped 23 units to 1,792 rigs working during the week ended Mar. 7, Baker Hughes Inc. reported.

HAYNESVILLE UPDATE—4: Haynesville outlook hinges on gas price

03/03/2014

The future of Haynesville production is unforeseeable, yet trends can be postulated for a range of drilling scenarios.

Haynesville Update—3: Low gas price constrains profitability

02/03/2014 The challenge in all unconventional plays is not to find the deposits but to find the areas that are economically viable and will lead to the best ...

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