Woodford Shale Play

LOCATION:  North Central Oklahoma

The Woodford Shale is an attractive target for unconventional oil and gas development because it is a mature source rock that is widely distributed throughout the southern midcontinent, and because it locally produces oil and gas from naturally fractured intervals in conventionally completed wells. In addition, drilled intervals yield oil shows from cuttings and cores, and produce a gas response on mudlogs, confirming that the Woodford Shale contains anomalously high oil and gas. Finally, the Woodford play that has developed in Oklahoma (279 wells drilled from 2004 to 2007 with cumulative production of nearly 64 Bcf gas and 66,538 bbl oil/condensate). This confirms the commercial viability of the Woodford and provides incentive for additional exploration and development. Projections show that the Woodford Shale could hold around 4 trillion cubic feet of Natural Gas. In late November, Crafton Tull’s Energy Division began work in the Woodford play. The focus has been on pipeline and well location staking along with right of way acquisitions. To date, the Energy Division survey crews have staked 15 well locations and already completed over 250,000 feet in pipeline right-of way acquisitions for their client.