Monday, June 2, 2014

Goodrich Lewis 30-19H-1 Results

Goodrich announced excellent results for the Lewis 30-19H-1 well today. The well achieved a peak 24-hour average production rate to date of 1,450 barrels of oil equivalent ("BOE") per day, comprised of 1,387 barrels of oil and 377 Mcf of gas on a 16/64 inch choke from an approximate 6,600 foot lateral. The well landed in the Company's lower target and was completed with 26 frac stages.
Entire press release

In my last post, I provided some predictions based on two factors: boepd/1000' and boepd per stage. The estimates were 12% above the reported rate.  I've updated the charts below to include the latest well. The Lewis 30-19H-1 has an above average factor in both cases. 
Congrats to Goodrich for another outstanding TMS well.


2 comments:

  1. You stated 24 stages on the Horseshoe well and made your boe number on those stages. However the lateral did not get the expected amount of proppant in three of those stages. If you adjust upward from the reported IP what is your new number,>

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  2. Richard, without the details from those stages, it's hard to make any adjustments

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