Tuesday, January 6, 2009

Goodrich Announces Results from First Haynesville Horizontal

Goodrich Petroleum announced results from its first horizontal well in the Haynesville Play. The well, which is operated by Chesapeake Energy had a good flow rate of 14.5 MMcf per day. From the press release:

"The Company has completed its initial horizontal Haynesville Shale well, the Chesapeake Energy Corporation-operated Holland 17H-1, which tested at a rate of approximately 14.5 MMcf per day on a 24/64 inch choke with 6,000 psi. The well, which was drilled to 16,200 feet, had a horizontal displacement of approximately 4,400 feet (3,800 feet cased), and is located in the Company's Bethany-Longstreet area in Caddo Parish, Louisiana. Goodrich owns a 50% working interest in the well, Chesapeake owns 40% and Plains Exploration & Production Company owns 10%."

No comments: