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Goodrich Reports New TMS 24-Hour IP; Plans Rig Increase
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Goodrich Petroleum Corporation has reported the completion of its Beech Grove 94H-1 (66.7% WI) well in East Feliciana Parish, Louisiana.
The well has achieved a peak 24-hour production rate to date of approximately 740 barrels of oil equivalent per day, comprised of 672 barrels of oil and 412 Mcf of gas on a 19/64 inch choke. The Beech Grove 94H-1 well was drilled with an approximate 6,000 foot lateral, landed in the Company's lower target and was completed with 21 frac stages.
The Company has commenced completion operations on its SLC, Inc. 81H-1 (66.7% WI) well in West Feliciana Parish, Louisiana, and its Denkmann 33-28H-2 (75% WI) and Bates 25-24H-1 (97.6% WI) wells in Amite County, Mississippi. The Company continues with drilling operations on its CMR-Foster Creek 24-13H-1 (84.7%…
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