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Haynesville Operator to Ramp Up Completions 80% in 2021
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Goodrich Petroleum Corp. reported its Q3 2020 results as well as highlighted its plans for 2021, which includes increasing its D&C activity in the Haynesville.
2021For 2021, Goodrich is planning to complete ~80% more wells in comparison to its 2020 completion activity.
The company is also slated to spend 78% more in 2021 as well.
Goodrich's other 2021 metrics include: 2021 Preliminary Guidance: The Company is issuing preliminary 2021 guidance, subject to quarterly review, as follows: Capital Expenditures - $75 - $85 million Production - 165,000 - 175,000 Mcfe per day Lease operating expense - $0.20 - $0.24 per Mcfe Production and other taxes - $0.06 - $0.09 per Mcfe Transportation and processing expense - $0.30 - $0.36 per Mcfe General and Administrative expense payable in cash…- ✓ Full news archive — U.S., Canada & international coverage
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