Comstock Resources (CRK) issued an operational update and provided additional information on its acreage in the Haynesville Shale. The company has acreage in several different fields in Louisiana and Texas, and drilled 13 gross, or 9.4 net wells in the first quarter of 2010. Twelve of these wells were into the Haynesville formation, and the average production rate of the wells was 14 million cubic feet equivalent per day.
South Toledo Bend
The South Toledo Bend field is located in Sabine Parish, Louisiana. The company drilled the Sustainable Forest 3#1H to the Upper Haynesville or Bossier Shale. The well was completed with a 16 stage hydraulic fracturing operation, and produced at an initial production rate of 20 million cubic feet equivalent per day.
Logansport Field
The Logansport field is located in DeSoto Parish, Louisiana. The company drilled the Horn 5 #1H well to the Haynesville Shale. The well was completed with an 18 stage hydraulic fracturing operation and a 4,669 foot lateral. The well produced at an initial production rate of 20 million cubic feet equivalent per day.
Comstock Resources drilled the Ramsey 4 #1H well to the Haynesville Shale. The well was completed with an 18 stage hydraulic fracturing operation and a 4,616 foot lateral. The well produced at an initial production rate of 15 million cubic feet equivalent per day.
