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Is Schlumberger's HiWay Frac Improving Eagle Ford Wells?

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Is Schlumberger's HiWay Frac Improving Eagle Ford Wells?

Forest Oil provided an update on its Eagle Ford drilling in the second quarter. 

Previously, Forest initiated a transaction with Schlumberger where the company exchanged acreage for technical support and capital from Schlumberger. Based on Forest's latest quarterly report, it is still too early to tell if Schlumberger's HiWay frac technique is making a difference in well performance.

Highlights: Too early to tell if Schlumberger HiWay frac technique is making better wells. Currently running 4 rigs and plan to keep that for the year. Forest is currently completing 4 wells per month using Schlumberger HiWAY frac technique. Well Cost to remain the same until moved to development drilling Hope to have 55,000 net acres HBP as early as 2014.   Looking to sell it's Granite Wash asset so they…
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