Items Tagged with 'goodrich'

ARTICLES

Goodrich's Latest TMS Well In Line With Play's 'Best'

Goodrich Petroleum Corp. Tuesday turned in results for its latest Tuscaloosa Marine Shale well, and they show improvement from some other wells recently drilled... Read More

Goodrich Hunting for Nature's Fracks in the TMS

Goodrich Petroleum Corp. and its peers have had some recent disappointments in the emerging Tuscaloosa Marine Shale (TMS) of Louisiana and Mississippi. Goodrich shares are off about 35% since mid-June, but CEO Gil Goodrich remains a TMS believer and said the industry's understanding of the play is advancing rapidly, if a bit unevenly. Read More

Latest Goodrich TMS Well Weaker Than Last

Goodrich Petroleum Corp.'s latest Tuscaloosa Marine Shale (TMS) well results, announced Wednesday, were a bit of a disappointment after a string of successes in the emerging play. Read More

Goodrich Reports Good News on Latest TMS Well

After stumbling a bit with a challenging and disappointing well in the Tuscaloosa Marine Shale (TMS), Goodrich Petroleum Corp. on Monday reported its latest producer, which is apparently benefiting from a back to basics strategy the company is applying in the play. Read More

Goodrich Profiting from TMS Lessons Learned

Less than two months after Goodrich Petroleum Corp. said it encountered a problem during hydraulic fracturing (fracking) operations at a well in the Tuscaloosa Marine Shale (TMS) in Mississippi, the company on Thursday reported that the well reached a peak rate from a shortened lateral of 530 Boe/d, composed of 501 bbl of oil and 174 Mcf of gas. Read More

Dallas Operator Targeting Naturally-Fractured Buda Limestone

Dallas-based Gulf Coast Western LLC has secured 3,500 acres in Wilson County, TX, where it intends to target the "revitalized" Buda Limestone Formation with 10 horizontal wells initially. The naturally fractured Buda is just below the Eagle Ford Shale and is seen as a lower-cost oil opportunity than the Eagle Ford.

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Industry Brief

Encana-Operated TMS Well Comes In Lower than Others

 Goodrich Petroleum Corp. announced the completion of an Encana Corp.-operated well in the Tuscaloosa Marine Shale (TMS) in which it holds a minority interest. Initial production was lower than other recent wells in the play but still apparently economic and boding good things to come from the TMS, one analyst said Tuesday. Read More

Sanchez Dipping Into Tuscaloosa Marine Shale

 One day after Tuscaloosa Marine Shale (TMS) pioneer Goodrich Petroleum Corp. said it would redirect capital from the Eagle Ford Shale to the emerging play, Eagle Ford-focused Sanchez Energy Corp. Thursday announced deals worth $78 million that give it entry into the TMS. Read More

Goodrich Taking from Eagle Ford, Giving to TMS

 Now that it has seen some encouraging well results, Goodrich Petroleum Inc. is stepping up activity in the Tuscaloosa Marine Shale (TMS) of Louisiana and Mississippi, where the company is about to close on an acquisition that will more than double its footprint in the emerging play. Read More