Goodrich going ALL IN in the TMS. Math equates to just under $150/acre.

Goodrich Petroleum Corporation Announces Agreement To Purchase Producing Properties And Approximately 185,000 Net Acres In The Tuscaloosa Marine Shale Trend For $26.7 Million; Company Also Announces Initial Completion Result Of Its Smith 5-29H No. 1 Well At 1,045 Barrels Of Oil Equivalent Per Day (96% Oil)

Jay

Views: 1768

▶ Reply to This

Replies to This Discussion

Permalink Reply by Steve on July 22, 2013 at 8:17

They announced the IP for the Smith at 1045 boepd but I have heard (a rumor only) that they had a problem milling the plugs and still have a lot of the plugs to drill and will be going back in with a snubbing unit shortly to complete the job. If this is true, they are producing from less than the full +5000 ft. lateral,which means potentially they would have had a much better IP than 1045.

Any one else hear this?

RSS

Support GoHaynesvilleShale.com

Top Content 

1 Expand Confirms Presence In The Western Haynesville

Expand Confirms Presence In The Western Haynesville
2 Olympia Fields

Olympia Fields
3 U-Turn (Horseshoe) Wells In The Haynesville Play

U-Turn (Horseshoe) Wells In The Haynesville Play
4 Request and Offer

Request and Offer
5 E.U. Trade Deal Comes With Impossible Energy Promises

E.U. Trade Deal Comes With Impossible Energy Promises
6 Current Leases Details if Franklin County

Current Leases Details if Franklin County
7 Black Stone Minerals - Western Haynesville Expansion

Black Stone Minerals - Western Haynesville Expansion

Groups

Blog Posts

Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near…

Continue

Posted by Char on May 29, 2025 at 14:42 — 4 Comments

Not a member? Get our email.



© 2025   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service