Monday, January 30, 2017

Long Laterals

In case you missed it, Goodrich Petroleum posted a good presentation outlining the company's strategy to return from the abyss (it exited bankruptcy in October 2016).  Goodrich will be focused on the Haynesville, taking advantage of the newest technologies to most cost effectively squeeze gas from our prolific play.  Of particular interest in the presentation is a graphic showing recent long laterals that have been drilled.

While the total amount of activity has declined in the Haynesville over the past several years, the technological progress has not.