Top Story | Capital Markets | Capital Expenditure | Capital Expenditure - 2017
Haynesville E&P Returns To Oilpatch; Talks 16 Well Drilling Program In 2017
Print
|
Goodrich said its board has approved a preliminary capital expendiiture budet of $40 million. The capital will be concentrated on the North Louisian Haynesville Play.
This will see Goodrich returning to the Haynesville play where the company has not been active since Febuary 2015.
Quick Read Wells Plan : 12-16 gross (3-4 net) Wells Capital Budget/Expenditure : $40 Million Northern Louisiana HaynesvilleThe drilling program contemplates 12-16 gross (3-4 net) wells with a frac design that includes doubling proppant
Goodrich controls 15,700 net core acres in the Northern Louisiana Haynesville with a average interest of 47% (34% NRI).
The company estimates that it has 130 net un-risked probable locations remaining, assuming 4,600 ft laterals and 80 acre spacing.
EconomicsSource…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
More Drilling Program - Wells Plan To Drill 2017 News
Permian Operator to Double 2018 CapEx, Grow Oil Production 20%
Here is a quick read through of Earthstone's 2018 drilling and completion plans. The table below shows that the company plan to grow its oil and equivalent production…
Samson Resources II Talks 5 Well Green River Basin Drilling Program
Samson Resources II, who recently emerged from bankruptcy, is launching a 5 well drilling program in Sweetwater county, Wyoming (The Green River Basin). The company believes it will…
Operator to Reduce Permian/Eagle Ford Activity in 2H17
EP Energy released its Q2 results and as a result of the volatilty in oil prices, the company has decided to reduce its activity for 2H17. Increased production…
Contango Increases 2017 Capital Plans; Delaware Basin Drilling
Contango has released its 2Q 17 financial and operational updates. Highlights include: Crude oil and natural gas liquids production was ~3,100 boe/d, 32% of total production. Natural gas…
Whitecap 64 Well Drilling Program Unchanged; Complete DUCs
Whitecap currently has 4 drilling rigs operational; 2 in west central Saskatchewan, 1 in southwest Saskatchewan and 1 in the Deep Basin area of Alberta. We anticipate drilling…
Ark-La-Tex - North Louisiana News
Range Resources Second Quarter 2020 Results
Range Resources Corp. announced its second quarter 2020 financial results. Second Quarter Highlights Well costs averaged less than $600 per lateral foot, including facility costs, the lowest in…
Range Adding Two SailingStone-Approved Members to Board; Searches for New EVP
Range Resources and SailingStone Capital Partners LLC, owner of approximately 17% of Range's shares outstanding, today jointly announced that they have entered into an agreement for Range to…
Amplify Energy Hires Two New Execs
Amplify Energy reported that Polly Schott joined the Company as Chief Administrative Officer. In this role she will collaborate with Ken Mariani as President and CEO, the Board…
Chesapeake's Latest Haynesville Activity: Rigs, Production, Drilling
As part of Shale Experts' June update for the Haynesville Shale play, we took a look at Chesapeake's latest activity in the play. In the Haynesville Shale in…
Vine Doubles Haynesville Production; Drilling, Frac and Maps
Vine Oil & Gas June 2018 Haynesville Shale Update. Production Double, New Frac Design