Shale Daily / Gulf Coast / Tuscaloosa Marine Shale / NGI All News Access

Goodrich Completes Two TMS Wells, Nears Completion on Three More

Goodrich Petroleum Corp. said two wells it completed in the Tuscaloosa Marine Shale (TMS) in Mississippi had peak 24-hour average production that met at least 1,000 boe/d, and it is in various stages of completing three additional wells targeting the play.

In an operational update Monday, the Houston-based company said its Bates 25-24H-1 well, in which it has a 98% working interest (WI), was completed with an approximate 4,850-foot lateral, and was hydraulically fractured with 19 stages. Goodrich said the well achieved a peak 24-hour average production rate of 1,000 boe/d, which included 938 bbl of oil and 373 Mcf of natural gas on a 17/64 inch choke.

Meanwhile, the company's CMR/Foster Creek 31-22H-1 well (90% WI) was completed with an approximate 6,700-foot lateral and 24 frac stages. Goodrich said the well was in the early stage of flowback, with a current peak 24-hour average production rate to date of approximately 1,140 boe/d, including 1,070 bbl of oil and 420 Mcf of gas on a 13/64 inch choke.

Goodrich said it would provide an additional update on the CMR/Foster Creek well, which is located in Wilkinson County, MS, in its 3Q2014 earnings release. The Bates well is in Amite County, MS.

The company said it is conducting completion operations at a third well -- CMR/Foster Creek 24-13H-1 (97% WI), also in Wilkinson County -- with an approximate 6,600-foot lateral and 24 frac stages. The well should begin flowback within a week. Goodrich added that it has drilled and is working to complete two additional wells -- Spears 31-6H-1 (77% WI) in Amite County, and Verberne 5H-1 (66% WI) in Tangipahoa Parish, LA. The former has an approximate 7,600-foot lateral, while the latter has an approximate 6,800-foot lateral and reached total depth within 29 days.

Goodrich currently has three rigs deployed in the TMS, where it holds more than 300,000 net acres (see Shale DailySept. 2). It is currently drilling the Williams 46H-1 (61% WI) well in Tangipahoa Parish, and the CMR/Foster Creek 8H-1 and 8H-2 (79% WI) wells in Wilkinson County. It expects to soon begin drilling the T. Lewis 7-38H-1 (estimated 90.5% WI) well in Amite County.

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