Goodrich Petroleum Corp. (NYSE: GDP) provided results on its Wurtsbaugh 35 No. 1 (71% WI) well on Aug. 20, which came online in July and achieved a 24-hour peak rate of approximately 22,500 cubic feet per day (cf/p) and the Demmon 34 No. 1 (89% WI) well, which came online in August, and also achieved a 24-hour peak rate of approximately 22,500 Mcf per day.
Both wells are 4,600 foot laterals in the Bethany-Longstreet field in DeSoto Parish, Louisiana.
Upon completion of the Demmon well, company-wide production hit 90,000 cf/d and is projected to meaningfully increase again with the addition of the Harris 14&23H-1 (98.5% WI) well which is scheduled to commence fracking operations in the next 10 days.
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