Operator · Haynesville Shale & Tuscaloosa Marine Shale (TMS)
Goodrich Petroleum Corp.
80 articles mentioning Goodrich Petroleum Corp. · Page 1 of 4
Goodrich Petroleum Third Quarter 2021 Results
Goodrich Petroleum Corp. reported its Q3 2021 results. Highlights: Net loss was $48.0 million in the quarter, or ($3.52) per basic and fully diluted share. The Company incurred a non-cash mark-to-market loss of $64.9 million in...
Goodrich Petroleum Second Quarter 2021 Results
Goodrich Petroleum Corp. announced financial results for the second quarter ended June 30, 2021. Highlights: Net loss was $11.6 million in the quarter, or ($0.86) per basic and fully diluted share. The Company incurred a non-cash...
Goodrich Petroleum First Quarter 2021 Results
Goodrich Petroleum Corp. reported its Q1 2021 results. Quarter Highlights Adjusted net income (net income prior to change in fair value of derivatives not designated as hedges) was $7.1 million for the quarter. Net income was...
Goodrich Ramping Up Capex, Production for 2021
Goodrich Petroleum Corp. announced fourth quarter and year-end 2020 financial and operating results as well as its 2021 plan. 2021 Plan - Capex: $75-85 million - up 42% vs. 2020 levels of $56.5MM Bethany-Longstreet Asset: $52.5-59.5...
Goodrich Promotes McWatters to CFO / CAO Role
Goodrich Petroleum Corp. has promoted Kristen M. McWatters, the Company's Controller, to Senior Vice President, Chief Financial Officer and Chief Accounting Officer effective December 17, 2020. Ms. McWatters replaces Robert T. Barker who has served as...
Haynesville Operator to Ramp Up Completions 80% in 2021
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. 2021 For 2021, Goodrich is planning to complete ~80% more wells...
Goodrich Petroleum Second Quarter 2020 Results
Goodrich Petroleum Corp. reported its Q2 2020 results. Highlights: Adjusted EBITDA: Adjusted EBITDA was $15.4 million in the quarter. Discretionary Cash Flow was $14.5 million and Capital Expenditures totaled $10.2 million in the quarter; Net Loss:...
Goodrich Petroleum First Quarter 2020 Results
Goodrich Petroleum Corp. reported its Q1 2020 results. Highlights: - Net Income: Net income was $3.0 million in the quarter ($0.24 per basic, $0.22 per diluted share). - Adjusted EBITDA: Adjusted EBITDA was $16.6 million in...
Goodrich Lowers 2020 Capex by $15MM; May Up Ops in 2H20 if Prices Improve
Goodrich Petroleum Corp. has lowered its 2020 preliminary capital expenditure budget by $15 million to $40 - $50 million, which is expected to generate free cash flow of an estimated $15 - $25 million at $2.00...
Goodrich Chop 2020 Capex, Drilling Program Down -30%
Goodrich Petroleum Corp. has detailed its 2020 capital plans. The company plans to reduced its capital program by -35%, however drilling & completion activity is set to only fall 19% year over year. The company plans...
Goodrich Talks Q3 Results; Defers Completions to Q1 2020
Goodrich Petroleum Corp. reported its Q3 2019 results. Highlights: Net Income: Net income was $2.0 million in the quarter ($0.16 per basic, $0.14 per diluted share). Net income adjusted for the non-cash change in fair value...
Goodrich Petroleum Details Q2 Results
Goodrich Petroleum Corp. detailed its Q2 2019 results. Highlights: Adjusted EBITDA increased by 142% over the prior year period and 42% sequentially to $21.5 million despite lower natural gas prices versus the prior year and first...
2019 Capex / Production Comparison YOY: Ark-La-Tex Region
As E&Ps begin to release 2019 operating plans, Shale Experts is taking a look at how the spending and production is changing YOY. We looked at major operators in Ark-La-Tex region below. *Several companies have given...
Goodrich Cuts $40MM from 2019 Spending Plans; YOY Comparison
Goodrich Petroleum has detailed its 2019 capital plans, which show a -48% decrease in drilling activity compared to 2018 while production and spending increase. Highlights: - 2019 Capex: $90-100 million (this is a $40MM decrease from...
Goodrich Touts 27.5 MMcf/d IP24 at Latest Haynesville Well
Goodrich Petroleum announced completion results on its Harris-Dickson14&23 No. 1 (99% WI) well in the Thorn Lake field in Red River Parish, Louisiana (its Haynesville target area). The well achieved a 24-hour peak rate of approximately...
Goodrich Preps to Drill Two 10,000' Lateral Wells; Touts Sizeable Production Growth
Goodrich Petroleum reported its Q2 2018 results. Sees Sizable Production Growth - Q2 production of 60.6 MMcfe/d (up +67% YOY and +64% from 1Q18) Since the end of the second quarter production has averaged 75,500 Mcfe...
Goodrich Touts Two Haynesville IP24s; 22,500 Mcf/d
Goodrich Petroleum announced completion results on its Wurtsbaugh 35 No. 1 (71% WI) well which came online in July and achieved an IP24 of 22,500 Mcf per day. The Demmon 34 No. 1 (89% WI) well,...
Goodrich Sees 44% Jump in Production; Haynesville Update
·As part of Shale Experts' June update for the Haynesville Shale play, we took a look at Goodrich Petroleum's latest activity in the play.
Goodrich Touts Latest IP24s in the Haynesville
Goodrich Petroleum reported well results, completion design, IP24 from its Haynesville Shale drilling program in the North Louisiana area of the Ark-La-Tex region (Red River Parish).
Goodrich Lowers 2018 Guidance Due to 'Completion Delays'; Preps to Add Second Rig
Goodrich reported its Q1 2018 results. Highlights: - Q1 2018 production of 37,000 Mcfe/d (up +42% YOY and up +19% from 4Q17) Lowers Production Guidance: Due to completion delays, the Company is revising its full year...