Texas: Forest joins Wolfcamp shale oil play
Forest Oil Corp., Denver, has accumulated 58,000 gross (51,000 net) contiguous acres, mainly comprised of two leases, in Crockett County, Tex., in the Permian basin prospective for the Wolfcamp shale oil play.
The company said the play is still in the early stages and that it believes the area is prospective for conventional targets and for oil in the Wolfcamp shale.
Forest intends to perform the necessary science work, including extensive coring of vertical pilot wells and employing microseismic technology to identify the most effective way to complete the horizontal wells.
The company drilled its first vertical and horizontal well pair in the quarter ended Sept. 30 and is completing the horizontal well while utilizing microseismic through the vertical well. It has spudded the second vertical and horizontal well pair in a different area and will continue testing this acreage during the rest of 2011 and into 2012 by drilling and completing a total of six wells.
Alan Petzet | Chief Editor Exploration
Alan Petzet is Chief Editor-Exploration of Oil & Gas Journal in Houston. He is editor of the Weekly E&D Newsletter, emailed to OGJ subscribers, and a regular contributor to the OGJ Online subscriber website.
Petzet joined OGJ in 1981 after 13 years in the Tulsa World business-oil department. He was named OGJ Exploration Editor in 1990. A native of Tulsa, he has a BA in journalism from the University of Tulsa.
