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Comstock's Haynesville Ops Fuel YOY Output Growth; IDs Latest Well Results

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Comstock's Haynesville Ops Fuel YOY Output Growth; IDs Latest Well Results

Comstock reported its Q2 2018 results.

Credits Haynesville for Increased YOY Output

-Q2 production of 22.3 Bcfe (relatively flat from 1Q18 and up +19% YOY)

  • Natural gas production averaged 239 MMcf/d, up +25% YOY
  • The growth in natural gas production is primarily attributable to the continuing successful results from Comstock's Haynesville shale drilling program.

Latest Haynesville Well Results

Since the last operational update, Comstock has completed nine additional operated Haynesville/Bossier shale wells. The average initial production rate of these wells was 24 MMcf per day.

The nine operated wells had completed lateral lengths ranging from 7,467 feet to 9,752 feet and each well was tested at initial production rates of 16 to 34 MMcf per day.

Comstock has six (1.6 net) operated Haynesville shale wells that are in the process of being completed.


More Second Quarter (2Q) Update News

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