Goodrich announced the completion of their first Haynesville/Bossier Shale well in Angelina County. This may be the first well with a flowing pressure over 10,000 psi in the play.
HOUSTON, Nov. 1, 2010 /PRNewswire via COMTEX/ --
Goodrich Petroleum Corporation (NYSE: GDP) today announced its third quarter operational update.
SHELBY TROUGH
Angelina River Trend. The Company has completed its initial well in the Shelby Trough, the S.W. Henderson No. 1H (100% WI), a 4,100 foot horizontal well targeting the Haynesville Shale in Angelina County, Texas. The well produced into sales at a 24-hour rate of 21,000 Mcf per day on a 22/64 inch choke with 10,250 psi. The Company expects to spud its second well on the Angelina River Trend acreage, the Nelson 1H (100% WI), in November, and currently anticipates keeping one rig running on the acreage during 2011.
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