Hogshooter Wash - Hogshooter Oil Field in Granite Wash

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Hogshooter Wash Oil Play - Hogshooter Wash Oil Field

Whats is the Hogshooter Wash?  The Hoshooter Wash is an oil field in the Granite Wash Oil Play.  The Hogshooter formation has been discovered by Apache Corp (APA) in October 2010 in which the company drilled two horizontal wells.  These two Hogshooter oil wells averaged over 2,000 barrels per day in the first 30 days and then 700 for a month after they will drilled.  Apache says the Hogshooter interval could be very large and they plan to drill additional wells in 2011.  The hogshooter formation is also known as the Missourian Wash/Horizontal Oil Play.

The hogshooter wash oil field is located in Beckham County, Oklahoma and will most likely extend into other counties and even into Texas.

Forest Oil (FST) recently announced that they are drilling the Missourian Hogshooter Wash as well.

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Apache Completes First Horizontal Wells in Oil-Rich Hogshooter Segment of Granite Wash Play With Initial Production Rates Exceeding 2,000 Barrels Per Day

Apache Corporation (NYSE, Nasdaq: APA) today reported that the first two horizontal wells to target the Hogshooter segment of the Granite Wash play in the Anadarko Basin each commenced production at rates exceeding 2,000 barrels of oil per day.

The Hogshooter wash is shallower, younger and more oil-prone than previous Granite Wash targets in western Oklahoma and 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.

The Edler #1-5, located in Section 5 of Township 11N-20 W of 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-percent interest in the well.

The Thetford #4-23, located in Section 23 of Township 11N-23W of 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-percent 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 Map
Hogshooter Map
Hogshooter Oil Map

Apache Corp (APA) - Apache Corp (APA) Hogshooter Wash Update - Moving to the central region, production increased 4% sequentially driven by higher margin in liquid drilling. We operated 9 rigs during the quarter and drilled 18 wells, including 7 Granite Wash, 3 Cherokee, 2 Hogshooter, 2 exploratory wells in the Bivins Ranch. For the year, the region is trying to complete 34 Granite Wash, 14 Cherokee, 11 Hogshooter, 8 Cleveland and one Marmaton well. The region's transformation from vertical to horizontal drilling has evolved over the last 2 years and now the region is targeting the liquids-focused objectives. Since the beginning of 2010, central gas production has increased 11% and oil production has grown over 200%.

Forest Oil (FST) - Forest Oil drills first hogshooter wash well in the Granite Wash play - Two new oil zones, the Missourian Wash (Hogshooter) and the Cleveland, were tested during the later stages of the third quarter. The Missourian Wash well had a 24-hour initial production rate of 2,803 Bbls/d of oil, 436 Bbls/d of natural gas liquids, and 4 MMcf/d of natural gas while the Cleveland well had a 24-hour initial production rate of 654 Bbls/d of oil. The results from these two new wells further open oil drilling opportunities across the Texas Panhandle. In the Missourian Wash, Forest has initially identified approximately 30 follow-up locations with additional acreage being reviewed for potential. In the Cleveland, Forest has initially identified approximately 90 follow-up locations with additional acreage being reviewed for potential.

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