FST& Slave Point

Yllä oleva kuva on Forest Oilin Credit Suisse-presentaatiosta. Oletan että kaikki IP:t ovat SP-kaivojen lukuja. Ilmeisesti 24H-lukuja, jotka eivät kerro paljoa.

Forestin Kanadan tyttären IPO pitäisi olla tämän vuoden ensimmäisen puoliskan lopulla. Yhtiö tulee olemaan kaasuinen, mutta Deep Basin-kaasuinen. Yhtiö on tarkoitus listata USA:n puolelle, mikä voi johtaa krooniseen aliarvostukseen.

Forestilla on 100,000 eekkeriä(netto) maata Eagle Fordin öljyikkunassa ja EOG on porannut hyvin vaikuttavia kaivoja suhteellisen lähellä, joten tuolta voi tulla suurtakin lisäystä yhtiön öljyn tuotantoon. EOG on kuitenkin ylpeillyt sillä että se on päässyt poimimaan EF maansa ensimmäisenä, joten voi olla että EOG:n kaivoista ei voi vetää kovin suuria johtopäätöksiä FST:n Gonzales ja Wilson Countyn maiden suhteen.


Tietoisku roskaruuan vaaroista:

Hogshooter Wash

Tämä on reilun kuukauden vanha:

Apache's First Hogshooter Granite Wash Wells Producing At More Than 2,000 BO/d

Apache Corp., Houston, (NYSE; Nasdaq: APA) reports that the first two horizontal wells targeting the Hogshooter segment of the Granite Wash play in the Anadarko Basin have each commenced production at rates exceeding 2,000 barrels of oil per day (BO/d).

The Hogshooter wash is shallower, younger and more oil-prone than previous Granite Wash targets in western Oklahoma and in the Texas Panhandle. The two wells were drilled more than 15 miles apart in Beckham County, Okla., near the east/west axis of the Granite Wash play. The distance between the wells points to meaningful potential in the Hogshooter segment across a broad area. Apache controls 200,000 gross acres in the Granite Wash play and leased nearly 30,000 net acres in 2010.

Edler #1-5, in Section 5 of Township 11N-20 W in Beckham County, commenced production at a daily rate of 2,050 barrels of oil and 3.7 million cubic feet (MMcf) of gas. The well was drilled to a vertical depth of approximately 11,360 feet with a 4,360-foot horizontal section before it was completed in eight stages. Apache owns an 82% interest in the well.

Thetford #4-23, in Section 23 of Township 11N-23W in Beckham County, initially produced 2,100 barrels of oil and 3.2 MMcf of gas per day. It was drilled to a vertical depth of approximately 10,900 feet with a 4,280-foot horizontal section and then completed in nine stages. Apache owns a 56% interest in the well.

After almost two months on production, each of the wells is averaging approximately 700 barrels of oil and 3.5 MMcf of gas per day.

Apache currently is operating nine horizontal rigs in the Granite Wash play and plans to drill a third horizontal Hogshooter well by year-end. For 2011, the company currently plans to add a tenth horizontal rig and drill more than 40 horizontal Granite Wash wells, including 10 in the oil-rich Hogshooter. Over the past year, Apache has completed 19 Granite Wash horizontal wells with current aggregate net production of 2,600 barrels of oil and 40 MMcf of gas per day. Seven wells are awaiting completion.

Hogshooter Wash Oil Play - Hogshooter Wash Oil Field.

Linn Energyllä maata Beckham Countyssa ja Wheelerissä Teksasin puolella. Forest Oililla Wheelerissä.

Granite Wash kaivot tuolla ovat todella komeita: IP:t(24h)20-30 miljoonan kuutiojalan edestä kaasua ja nesteitä. Hogwash näyttäisi olevan selvästi öljyisempi. Noita Washeja on tuolla puolen tusinaa päällekkäin.

Forest on näköjään listaamassa Kanadan toiminnot erilliseen yhtiöön.

Forest hits Haynesville hisser

Upstream: Forest hits Haynesville gusher

"US independent Forest Oil said its Driver 13-1H horizontal Haynesville Shale well in Red River Parish, Louisiana was producing 20.3 million cubic feet of equivalent per day with 6500 psi flowing casing pressure into the sales line..."

20 million cubic feet equals 3300 boes, which is lot for a shale well. It's a lot for any kind of onshore well in North America today. The big question is how rapid is the decline rate.