Saturday, June 7, 2025

Goodrich Petroleum: Reserves Grow 12% in 2018, Recent Haynesville Wells Outperform

By Bevo Beaven, Editor, Oil & Gas 360 Goodrich Petroleum Corporation (stock ticker: GDP, $GDP) reported that its proved oil and natural gas reserves as of December 31, 2018 increased by 12% to 480 billion cubic feet equivalent (“Bcfe”) versus 428 Bcfe at year-end 2017. The present value, using a 10% discount rate of the future net cash flows (the “PV10”), was $418

Adding U.S. Energy Export Capacity: Venture Global Announces Immediate Construction Start for Calcasieu Pass LNG

“With our FERC order in hand and our project contracted with binding 20-year sale and purchase agreements with Shell, BP, Edison S.p.A., Galp, Repsol and PGNiG, we plan to immediately commence construction activities in Louisiana in close coordination with FERC and other agencies,” Venture Global Co-CEOs Bob Pender and Mike Sabel said in a statement issued today. What kicked the Calcasieu natural gas liquefaction and export