Goodrich Provides West Delta Production Update
The Company's Marciano Prospect, the Goodrich Petroleum Company - USA 5 No. 4, is dually completed in the CP-4 and 10,100 foot sands at a combined rate of approximately 4,000 Mcfe per day. The CP-4 sand completion is currently producing 2,148 Mcf, 67 barrels of condensate and 1 barrel of water per day on a 9/64 inch choke with 3050 pounds of flowing tubing pressure. The 10,100 foot sand completion is currently producing 246 barrels of oil, 107 Mcf and 4 barrels of water per day on a 10/64 inch choke, with 550 pounds of flowing tubing pressure.
With the addition of the USA 5 No. 4 well, the Burrwood and West Delta 83 fields are currently producing approximately 16,000 Mcfe per day. The Company owns a 95% working interest in the production at Burrwood and West Delta 83 fields.
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