Forest Oil released earnings yesterday and provided an Eagle Ford update. The company's latest Eagle Ford well utilized a new completion design. Forest positioned the lateral in a more shallow section of the Eagle Ford and pumped a smaller, less expensive fracture stimulation. The well came online at 951 boe/d. That's good performance in comparison to the company's past five wells that had average 24-hour IP rates of 482 boe/d. The company is using microseismic monitoring to help determine the best possible completion design. Two rigs are being used to drill microseismic monitoring wells.
Street Address
City, State, Zip
Phone Number
Your Custom Text Here