Comstock Resources (CRK) reported that production from the Haynesville Shale averaged 102 million cubic feet equivalent per day during the second quarter of 2010. This was 47% of the company’s total production.
Comstock Resources has drilled 34 gross, or 24 net wells into the Haynesville Shale to date in 2010. Eleven of these wells have been completed with an average initial production rate of 12.5 million cubic feet equivalent per day.
Comstock Resources has completed five wells into the Haynesville Shale since the company last updated investors. The company completed three wells in the North Toledo Bend in DeSoto Parish, Louisiana. The wells averaged an initial production rate of 10 million cubic feet equivalent per day.
Comstock Resources completed one well in the Logansport Field in DeSoto Parish, Louisiana. The well had an initial production rate of 16 million cubic feet equivalent per day. The company completed one well in the Beckville Field in Harrison County, Texas. The well had an initial production rate of 9 million cubic feet equivalent per day.
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