Goodrich Spears and CMR Foster Creek 24-13 well results announced
In advance of its 3rd quarter operating report set for 10 a.m. central time today, Goodrich Petroleum issued a news release this morning. Among several items covered was the release of the results from its two most recent wells, the Spears 31-6H-1 in Amite County and the CMR Foster Creek 24-13H-1 in Wilkinson County.
The Spears had a peak rate of 1,290 barrels of oil per day while the CMR FC 24--13 had a peak rate of 1,140 barrels.
These are solid numbers and is encouraging for the continued development of the TMS.
An excerpt from the news release follows:
TUSCALOOSA MARINE SHALE ("TMS"):
- The Company's Spears 31-6H-1 (77% WI) well inAmite County, Mississippi, has achieved a peak 24-hour production rate to date of approximately 1,360 Boe/day, comprised of 1,290 Bbls of oil (95%) and 420 Mcf of natural gas on a 15/64 inch choke from an approximate 6,210 foot completed lateral with 23 frac stages.
- The Company's CMR/Foster Creek24-13H-1 (97% WI) well inWilkinson County, Mississippi, has achieved a peak 24-hour production rate to date of approximately 1,215 Boe/day, comprised of 1,140 Bbls of oil (94%) and 450 Mcf of natural gas on a 16/64 inch choke from an approximate 6,480 foot completed lateral with 24 frac stages.
The full news release can be found here:
http://phx.corporate-ir.net/phoenix.zhtml?c=83169&p=irol-newsArticle&ID=1985262
