Exploration & Production
Forest Oil Discloses Wolfcamp Acreage and Drilling Cost
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Wolfbone Play (Delaware Basin)
Forest’s Delaware Basin acreage position is primarily prospective for the Wolfbone interval, including the Third Bone Springs and Upper Wolfcamp formation, but the acreage also has potential in the Delaware Sands, the Upper Bone Spring Sands, and the Avalon Shale (additional objectives have not been included in Forest’s economic evaluation of the acreage). The accumulation of 68,500 gross acres (63,000 net) ranks Forest as the one of the largest acreage holders in the Wolfbone play in Pecos and Reeves Counties. The Wolfbone acreage position contains primary lease terms of three to five years. Forest initially intends to develop its Wolfbone acreage position through vertical delineation drilling and commingling a number of the stacked pay zones present in the…
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