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New Frac Design Grows GEP Haynesville's Production 68% Year-over-Year
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In today's private company profile we take a look at GEP Haynesville, a subsidiary of GeoSouthern Energy Corp. The company currently operates in the Haynesville Shale.
AcreageThe map below represents the acreage under lease by the company:
Acreage : 112,000 net acres Drilling ProgramThe company is currently operating a one rig drilling program, drilling between Sabine, Bossier and De Soto Parish in Louisiana.
Rig Movement.
Production (as of 4/1/2018) : 450 MMcf/dAs you might remember, the company acquired Encana's Haynesville asset in 2015 at the time of the acquistion the property was producing 217 MMcf/d. As of February 2018 the asset is now producing 450 MMcf/d which is up 62% from February 2017 and 1% from December 2017. The company has managed to increase…
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