Evolution Petroleum Corp., Houston, will continue its lower emphasis on a mid-depth Woodford shale gas project in eastern Oklahoma until natural gas prices enable it to achieve targeted economics.
Evolution Petroleum Corp., Houston, will continue its lower emphasis on a mid-depth Woodford shale gas project in eastern Oklahoma until natural gas prices enable it to achieve targeted economics.
The company had reentered the John Wells-1 vertical well in Haskell County, east of the main industry Arkoma basin Woodford shale play, and established attractive production and pressure at 5,000 ft. The company also sought to unitize a second location.
About the Author
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.