Goodrich Petroleum (GDP) continues to deliver consistently strong well-level results, although due to low gas prices its production growth in the second half of 2019 and 2020 may end up lower than originally anticipated. It has deferred completions into 2020 which should help 2020 production growth, but still could use stronger natural gas prices.
Well-Level Results
Goodrich's most recently completed well was its Harris 14&23 No. 2 well in Thorn Lake. This 9,400' lateral well had initial average 24-hour production of 26,000 Mcfe per day. This is a bit lower than Goodrich's older