A few months ago, I bought a couple of sheets of wood paper (I think it's birch). I decided to try them out, and I used my Caran d'Ache Pablo pencils, as well as my Lyra pencils. They both work very nicely on wood.
The wood paper I used is smoother than the regular paper I use (Stonehenge), yet, it holds many layers. It works great with both solvent and a colorless blender. The only difference is the direction of the wood grain/veins. The little crevaces can be annoying sometimes. Because of this texture, it's definitely different than with paper, but because the pencils feel very smooth on the wood, it's very enjoyable.
Plumeria 21 - 8.5x11" - Colored pencils on wood paper - SOLD