The Mid-Continent has been our fastest growing region over the last several years. We have been active in the Mid-Continent since 2001. Since that time, we have tripled our proved reserves and tripled our production from this area. With headquarters in Tulsa, Okla., this region adds longer-lived reserves, helping to lengthen our overall reserve life index.
The Mid-Continent now represents more than 45% of our total proved reserves at the end of 2007. It is our most significant investment region. In 2008, we plan to invest about $620 million in the Mid-Continent. It is a gas rich province characterized by multiple productive zones. Our two most active plays, the Woodford Shale and the Mountain Front Wash, are characterized by extensive prospect inventories and large acreage positions. We expect to drill or participate in approximately 200 wells in the Mid-Continent in 2008 and have a multi-year inventory of lower risk drilling opportunities.
The majority of the planned drilling is associated with the development of our Woodford Shale play of the Arkoma Basin of southeast Oklahoma. As of late February 2008, our production was 170 MMcfe/d gross. We will operate 10-12 drilling rigs throughout 2008, allowing us to drill about 100 operated horizontal wells. More than half the wells will have lateral completions in excess of 3,000 feet. Longer laterals help improve our per unit findings and development costs. In addition, we also will participate in the drilling of 50-60 wells operated by others. More than 165,000 net acres are associated with our Woodford Shale play.
We plan to operate a 3-5 drilling rig program throughout 2008 in our Mountain Front Wash play in the Anadarko Basin and drill 60-70 wells. Our production here reached a record level of 97 MMcfe/d in early 2008.
At year-end 2007, we owned an interest in more than 750,000 gross acres and about 2,600 gross producing wells in the Mid-Continent.
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