Redoubt Shoal tests at 1,010 barrels per day - February 28, 2001

Providing coverage of Alaska and northern Canada's oil and gas industryFebruary 2001

Vol. 6, No. 2

Week of February 28, 2001

Redoubt Shoal tests at 1,010 barrels per day

Petroleum News Alaska

Forest Oil Corp. said Feb. 19 that it has successfully logged and tested its 1 Redoubt unit exploratory well. The well was drilled to a total depth of 15,323 feet and logged approximately 450 feet of net pay. It tested at 1,010 barrels a day from the Hemlock formation.

Forest said it will produce the well by artificial lift and expects it to flow at a production rate of 2,500 barrels a day.

The company said it will spud the 2 Redoubt Unit exploratory well within two weeks to test the Hemlock formation in an adjacent fault block. The 2 Redoubt is expected to reach total depth in late April. Forest plans to drill up to three more wells after the 2 Redoubt and is presently in the process of permitting the field for development.

Forest said it anticipates first production from the Redoubt unit in the second quarter of 2002.

Total Cook Inlet crude oil production for January averaged 27,736 barrels a day.

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