Reserves | Capital Markets | Drilling Program - Wells | Capital Expenditure - 2017
Comstock Doubles Capex Spend, Drilling 20 Haynesville Wells
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Comstock Resources, Inc. announced 2017 drilling and capital plans
2017 Comstock plans to drill 20 (15.5 net) additional Haynesville shale wells in 2017 and complete the 2016 wells Estimated capital outlay of $142.9 million. Comstock has budgeted an additional $7.0 million for other non-drilling expenditures. Comstock also has tentatively budgeted an additional $17.6 million for two (1.7 net) Bossier shale wells that may be drilled in late 2017 depending on natural gas prices. 2016Drilling
Comstock spent $59.5 million for its drilling activities in 2016. Comstock drilled 13 wells (7.9 net) in 2016; 11 (7.8 net) of the wells were Haynesville shale wells drilled in North Louisiana with the remaining two (0.1 net) non-operated Eagleford shale wells. Six (5.8 net) of the wells drilled…- ✓ Full news archive — U.S., Canada & international coverage
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