Report on Goodrich Well Completion Results (This is a Chesapeake well in which Goodrich has a Working Interest.
LONGWOOD FIELD, CADDO PARISH, LOUISIANA
The Company has completed the Chesapeake Energy - Bohnert 25H-1 (50% WI) in the Longwood field in northern Caddo Parish, Louisiana, with a 24 hour initial production rate of 7.5 MMcf per day on a 16/64 inch choke with 5,300 psi.
Electro. I haven't reviewed north Caddo lately. Are there additional wells where the Longwood and Caddo Pine Island fields meet that are still WOC after all these months?
My notes indicate that the IP reported on SONRIS was 3165 Mcf. Did I get it wrong? If it was 7.5 MMcf how is that explained in light of results in other wells in the area?
Nope, Neilson. You are correct as to the IP reported on the SONRIS Well Scout. This discussion and the IP it reports did not come from SONRIS. Or from Chesapeake for that matter. The very first announcement (see discussion title) came from Goodrich which has a working interest in the Bohnert well. Goodrich was having serious financial difficulties prior to the discovery of the HS and has taken every opportunity to trumpet and spin the prospective nature of their HA rights in order to raise capital. It is not unusual for an operator to run a number of tests upon the completion of a well. The test Goodrich relied on in their news release may just be different from the one CHK reported to the state.