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Comstock Details Latest Haynesville Drilling Activity as Output Continues to Rise
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As part of Shale Experts' June update for the Haynesville Shale play, we took a look at Comstock's latest activity in the play.
ProductionComstock's average realized natural gas price, including hedging gains, decreased 5% to $2.82 per Mcf in the first quarter of 2018 as compared to $2.96 per Mcf realized in the first quarter of 2017.
2018 ProgramComstock reported the results to date of its 2018 drilling program.
During the first three months of 2018, Comstock spent $46.5 million on its development and exploration activities and drilled seven horizontal natural gas wells (2.0 net) and had eight wells (1.6 net) drilling at March 31, 2018. Comstock also completed nine (3.5 net) operated wells that were drilled in 2017. Since the last operational update, Comstock has completed six opera…
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