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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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 Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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