Goodrich Petroleum Corporation, Company Intelligence Report

Summary

Goodrich Petroleum Corporation (Goodrich) is an independent oil and gas company engaged in the exploration, exploitation, development and production of oil and natural gas. Its properties are primarily in the East Texas and Northwest Louisiana area (ETNL), which includes the Haynesville Shale, Cotton Valley, Travis Peak, James and Pettet formations; and South Texas, which includes the Eagle Ford Shale. As of December 31, 2010, the company owned working interests in 382 active oil and gas wells located in 32 fields in seven states. It had estimated proved reserves of approximately 454.2 billion cubic feet (bcf) of natural gas and 1.6 million barrels (MMbbls) of oil and condensate at the end of 2010. During this year, the company drilled and completed 47 gross wells in ETNL, including 36 gross Haynesville Shale wells. In December 2010, the Haynesville Shale accounted for 50.0% of the company’s proved reserves.

Scope

- Key Highlights: This section provides detailed analysis on the company’s overall oil and gas value chain, new projects, growth opportunities, new ventures, assets performance, hedging strategies, Capex funding, geographical results of oil and gas operations.
- Goals and Strategies: This section provides the upcoming goals and strategies of the company. The section mainly goals and strategies followed by the company in order to meet its upcoming goals.
- SWOT: The report’s SWOT section provides the internal strength, weakness, opportunities and threats of company to reflect its strategic positions in the market.
- Production and Development Overview: This section highlights the company’s crude oil and natural gas production forecast from its legacy and upcoming assets by region and commodity mix for next five years. The report also covers the detailed information and analysis on the company’s producing and development assets.
- Exploration: This section includes detailed explanation and analysis on the company’s exploration assets resulted due to new discoveries, new drilling and other activities.
- M&A trends: This section mainly provides information and analysis on the company’s recent assets transactions, joint ventures, acquisition, and divestment activities during the last one year. This section highlights the company’s status as a buyer or seller during the analyzed period.
- Financial Forecast and Valuation: This section highlights the detailed financial statement forecast for next five years. With the financial statement forecast, this section also provides intrinsic value of the company by using Net Asset Valuation method.
- Peer Group Analysis: This section compares the company’s performance with its peer group on the basis of share prices, financial ratios, operational and financial parameters and other related parameters.
- Financial and Operational Metrics: This section covers the company’s historical performance on several financial and operational parameters such as Production and Reserves, Reserves Replacement, Costs Incurred, Acreage, Wells, F&D Costs, Oil and Gas Revenue and Expenses etc.

Reasons to buy

The report will enhance the decision-making capability in a more rapid and time sensitive manner. It will allow you to -
- Provide detailed analysis to those who are interested in knowing the companies’ existing and future business strategies.
- Provide in-depth analysis on the companies E&P profiles along with the exploration and M&A updates.
- Provide valuable insights to those who are tracking oil and gas markets and wants to know the intrinsic value of the companies.
- Use the analysis for strategy and planning, M&A identifications, and competitor analysis.

1 Table of Contents
1 Table of Contents 3
1.1 List of Tables 5
1.2 List of Figures 6
2 Goodrich Petroleum Corporation, Company Overview 9
3 Goodrich Petroleum Corporation, Investment Summary 12
3.1 Goodrich’s Eagle Ford Shale Exposure Amplifing its Oil Content to Drive Profitability 12
3.2 Haynesville Shale Development Will Provide Continous Cash Flow to Goodrich 14
3.3 Maintaining an Active Hedge Portfolio to Secure Shareholders Value 15
4 Goodrich Petroleuim Corporation, SWOT Analysis 17
4.1 Strengths 17
4.1.1 Strong Operational Performance; Enhanced Production and Reserves Profile 17
4.1.2 Technical Expertise to Handle Unconventional Resources 17
4.2 Weaknesses 17
4.2.1 Declining Reserve/Production (RP) Ratio 17
4.2.2 Undiversified Upstream Portfolio with High Dependency on Natural Gas 17
4.3 Opportunities 18
4.3.1 Highly Prospective Eagle Ford Shale 18
4.4 Threats 18
4.4.1 High Dependency on Natural Gas Shale Could Slowdown Goodrich’s Future Cash Flow Stream 18
5 Goodrich Petroleum Corporation, Goals and Strategies 19
5.1 Exploiting Existing Assets and Adding Reserves for Long Term Growth 19
5.2 Goodrich Focused on Reducing Cost and Increasing Cash Flows 19
6 Goodrich Petroleum Corporation, Production Overview 22
6.1 Production Profile 22
6.2 Asset Portfolio 25
6.2.1 The Haynesville Shale 25
7 Goodrich Petroleum Corporation, Exploration and Development Overview 26
7.1 The Haynesville Shale 27
7.2 The Cotton Valley Taylor Sand 27
7.3 The Eagle Ford Shale and the Tuscaloosa Marine Shale 28
7.3.1 The Eagle Ford Shale 28
7.3.2 The Tuscaloosa Marine Shale 29
8 Goodrich Petroleum Corporation, Capital Expenditure 30
8.1 Costs Incurred 31
9 Goodrich Petroleum Corporation, Acreage 35
10 Goodrich Petroleum Corporation, Mergers and Acquisitions, Highlights 36
11 Goodrich Petroleum Corporation, Forecast Production and Financial Statements 37
11.1 Income Statement (2008–2015) 39
11.2 Balance Sheet (2008–2015) 40
11.3 Cash Flow Statement (2008–2015) 41
11.4 Financial Ratios 42
12 Goodrich Petroleum Corporation, Valuation 44
12.1 Net Asset Value 44
13 Goodrich Petroleum Corporation, Peer Comparision 47
13.1 Share Price Performance 47
13.2 Operational and Financial Performance 48
13.3 Key Financial and Operational Ratio 51
14 Goodrich Petroleum Corporation, Detailed Operational and Financial Metrics 52
14.1 Total Oil and Gas, Reserves and Production 52
14.1.1 Total Crude Oil and Natural Gas Production and Reserves Trend, 2006-2010 52
14.1.2 Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2006-2010 53
14.1.3 Total Crude Oil and Natural Gas Reserve Changes, 2006-2010 55
14.2 Crude Oil/Liquids Production and Reserve 56
14.2.1 Crude Oil/Liquids Production and Reserve Trend, 2006-2010 56
14.2.2 Crude Oil Production and Reserves By Country/Region, 2006-2010 57
14.2.3 Crude Oil/Liquids Reserve Changes, 2006-2010 59
14.3 Natural Gas Production and Reserve 60
14.3.1 Natural Gas Production and Reserve Trend, 2006-2010 60
14.3.2 Natural Gas Production and Reserves, By Country/Region, 2006-2010 61
14.3.3 Natural Gas Reserve Changes, 2006-2010 63
14.4 Total Crude Oil and Natural Gas Reserves Life Index 64
14.4.1 Total Crude Oil and Natural Gas Reserves Life Index, 2006-2010 64
14.4.2 Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2006-2010 65
14.5 Goodrich Petroleum Corporation, E&P Costs Trends 67
14.5.1 Upstream Capital Expenditure, 2006-2010 67
14.5.2 Acquisition Costs By Country/Region, 2006-2010 68
14.5.3 Exploration and Development Costs, By Country/Region, 2006-2010 70
14.6 Oil and Gas Cost Per boe, $/boe 72
14.6.1 Oil and Gas Cost Per boe, $/boe, 2006-2010 72
14.6.2 Oil and Gas Cost Per boe, $/boe, By Country/Region, 2006-2010 74
14.7 Goodrich Petroleum Corporation, Reserve Replacement Ratio 77
14.7.1 Oil and Gas Production Replacement Ratio, 2006-2010 77
14.7.2 Oil and Gas Production Replacement Ratio, By Country/Region, 2006-2010 79
14.8 Goodrich Petroleum Corporation, Results of Oil & Gas Operations Trend 83
14.8.1 Oil and Gas Revenue and Expenses, 2006-2010 83
14.8.2 Oil and Gas Revenue and Expenses, By Country/Region, 2006-2010 84
14.9 Oil and Gas Revenue and Expenses, Per boe 89
14.9.1 Oil and Gas Revenue and Expenses, By boe, 2006-2010 89
14.9.2 Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2006-2010 90
14.10 Oil and Gas Performance Metrics 94
14.11 Goodrich Petroleum Corporation, Land Holdings and Well Data 95
14.11.1 Gross and Net Developed and Undeveloped Acreage, 2006-2010 95
14.11.2 Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2006-2010 96
14.12 Well Statistics 99
14.12.1 Producible Oil and Gas Well, 2006-2010 99
14.12.2 Producible Oil and Gas Well, By Country/Region, 2006-2010 100
14.12.3 Exploration and Development Wells Drilled, 2006-2010 104
14.12.4 Exploration and Development Wells Drilled, By Country/Region, 2006-2010 105
15 Appendix 106
15.1 Abbreviations 106
15.2 Methodology 107
15.2.1 Coverage 107
15.2.2 Secondary Research 107
15.2.3 Primary Research 107
15.3 Contact Us 108
15.4 Disclaimer 108

1.1 List of Tables
Table 1: Goodrich Petroleum Corporation, the Haynesville Shale Operational Statistics, 2009 - 2010 15
Table 2: Goodrich Petroleum Corporation, Total Production Forecast by Commodity, MMboe, 2011–2015 24
Table 3: Goodrich Petroleum Corporation, Total Drilling Inventory, 2012 27
Table 4: Goodrich Petroleum Corporation, Cotton Valley Trend, 2012 28
Table 5: Goodrich Petroleum Corporation, Capital Expenditure, $m, 2007– 2010 30
Table 6: Goodrich Petroleum Corporation, Costs Incurred, $m, 2007–2010 31
Table 7: Goodrich Petroleum Corporation, Reserve Replacement Ratio and Finding and Development Cost, 2007–2010 32
Table 8: Goodrich Petroleum Corporation, Recent Transactions as a Buyer, 2008–2011 36
Table 9: Goodrich Petroleum Corporation, Forecast Production, 2007–2015 37
Table 10: GlobalData, Price Forecast, 2011–2015 37
Table 11: Goodrich Petroleum Corporation, Income Statement ($m), 2008–2015 39
Table 12: Goodrich Petroleum Corporation, Balance Sheet ($m), 2008–2015 40
Table 13: Goodrich Petroleum Corporation, Cash Flow Statement ($m), 2008–2015 41
Table 14: Goodrich Petroleum Corporation, Profitability Ratios, 2008–2015 42
Table 15: Goodrich Petroleum Corporation, Other Financial Ratios, 2008–2015 43
Table 16: Goodrich Petroleum Corporation, Net Asset Value, 2011 44
Table 17: Goodrich Petroleum Corporation, Prospective Acreage & Non Proven Reserves, 2011 44
Table 18: Goodrich Petroleum Corporation, NPV Per Unit of Natural Gas, $/Mcf, 2011 45
Table 19: Goodrich Petroleum Corporation, NPV Per Unit of Crude Oil & NGL, $/bbl, 2011 45
Table 20: Goodrich Petroleum Corporation, NPV Per Unit of Total Production, $/boe, 2011 46
Table 21: Goodrich Petroleum Corporation, Sensitivity Analysis on Fair Value ($/share), 2011 46
Table 22: Goodrich Petroleum Corporation Vs. Peer Group, Operational and Financial Performance, 2010 48
Table 23: Goodrich Petroleum Corporation and its Peer Group Comparison, Financial Ratios, 2010 51
Table 24: Goodrich Petroleum Corporation, Total Crude Oil and Natural Gas, Production and Reserves, MMboe, 2006-2010 52
Table 25: Goodrich Petroleum Corporation, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, MMboe, 2006-2010 54
Table 26: Goodrich Petroleum Corporation, Total Crude Oil and Natural Gas Reserve Changes, MMboe, 2006-2010 55
Table 27: Goodrich Petroleum Corporation, Crude Oil Production and Reserves Metrics, MMbbl, 2006-2010 56
Table 28: Goodrich Petroleum Corporation, Crude Oil Production and Reserves, By Country/Region, MMbbl, 2006-2010 58
Table 29: Goodrich Petroleum Corporation, Crude Oil Reserve Changes, MMbbl, 2006-2010 59
Table 30: Goodrich Petroleum Corporation, Natural Gas Production and Reserves Metrics, Bcf, 2006-2010 60
Table 31: Goodrich Petroleum Corporation, Natural Gas Production and Reserves, By Country/Region, Bcf, 2006-2010 62
Table 32: Goodrich Petroleum Corporation, Natural Gas Reserve Changes, Bcf, 2006-2010 63
Table 33: Goodrich Petroleum Corporation, Oil and Gas Reserves Life Index, Years, 2006-2010 64
Table 34: Goodrich Petroleum Corporation, Oil and Gas Reserves Life Index, By Country/Region, Years, 2006-2010 66
Table 35: Goodrich Petroleum Corporation, Upstream Capital Expenditure, $m, 2006-2010 67
Table 36: Goodrich Petroleum Corporation, Proved and Unproved Acquisition Costs, By Country/Region, $m, 2006-2010 69
Table 37: Goodrich Petroleum Corporation, Exploration and Development Costs, By Country/Region, $m, 2006-2010 71
Table 38: Goodrich Petroleum Corporation, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, $/boe, 2006-2010 73
Table 39: Goodrich Petroleum Corporation, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, $/boe, By Country/Region, 2006-2010 76
Table 40: Goodrich Petroleum Corporation, Oil and Gas Production Replacement Ratio, %, 2006-2010 78
Table 41: Goodrich Petroleum Corporation, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2006-2010 82
Table 42: Goodrich Petroleum Corporation, Revenue and Expenses, $m, 2006-2010 83
Table 43: Goodrich Petroleum Corporation, Revenue and Expenses, By Country/Region, $m, 2006-2010 88
Table 44: Goodrich Petroleum Corporation, Oil and Gas Revenue and Expenses, $/boe, 2006-2010 89
Table 45: Goodrich Petroleum Corporation, Oil and Gas Revenue and Expenses, $/boe, By Country/Region, 2006-2010 93
Table 46: Goodrich Petroleum Corporation, Oil and Gas Performance Metrics, 2006-2010 94
Table 47: Goodrich Petroleum Corporation, Land Holdings (Developed and Undeveloped Acreage), Acres, 2006-2010 95
Table 48: Goodrich Petroleum Corporation, Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2006-2010 98
Table 49: Goodrich Petroleum Corporation, Producible Oil and Gas Wells, 2006-2010 99
Table 50: Goodrich Petroleum Corporation, Producible Oil and Gas Wells, By Country/Region, 2006-2010 103
Table 51: Goodrich Petroleum Corporation, Exploratory and Developed Wells, 2006-2010 104
Table 52: Goodrich Petroleum Corporation, Exploratory and Developed Wells, By Country/Region, 2006-2010 105

1.2 List of Figures
Figure 1: Goodrich Petroleum Corporation, Core Properties Map, 2011 9
Figure 2: Goodrich Petroleum Corporation, Financial and Operational Overview, 2007–2010 10
Figure 3: Goodrich Petroleum Corporation, Share Price Movement, February 2011 – February 2012 11
Figure 4: Goodrich Petroleum Corporation, Eagle Ford Shale, Top Companies by Acreage, Latest Reported 12
Figure 5: Goodrich Petroleum Corporation, Projected Oil Production, MMbbl, 2011 - 2015 13
Figure 6: Goodrich Petroleum Corporation, Haynesville Shale – Top Ten Companies by Acreage, 2011 14
Figure 7: Goodrich Petroleum Corporation, Production Hedged , 2008 - 2012 16
Figure 8: Goodrich Petroleum Corporation, Lifting Cost per boe Analysis with Peer Average, $/boe, 2007–2010 20
Figure 9: Goodrich Petroleum Corporation and Peer Group Comparison, Lifting Cost per boe, $/boe, 2010 21
Figure 10: Goodrich Petroleum Corporation, Total Production, MMboe, 2008–2015 22
Figure 11: Goodrich Petroleum Corporation, Total Production Forecast by Commodity , MMboe, 2011–2015 24
Figure 12: Goodrich Petroleum Corporation, the Haynesville Shale, 2010 25
Figure 13: Goodrich Petroleum Corporation, the Haynesville Shale Acreage Position, 2011 26
Figure 14: Goodrich Petroleum Corporation, the Eagle Ford Shale Trend Overview, 2011 28
Figure 15: Goodrich Petroleum Corporation, Capital Expenditure, $m, 2007– 2010 30
Figure 16: Goodrich Petroleum Corporation, Total Cost Incurred, 2007–2010 31
Figure 17: Goodrich Petroleum Corporation, Reserve Replacement Ratio and Finding and Development Cost, 2007–2010 32
Figure 18: Goodrich Petroleum Corporation, Comparison of Exploration Cost and Reserve Addition Through Drill bit, 2006–2010 33
Figure 19: Goodrich Petroleum Corporation, Comparison of Acquisition Costs and Reserve Additions Through Acquisition, 2006–2010 34
Figure 20: Goodrich Petroleum Corporation, Peer Group Comparison, Acreage (million acres), 2010 35
Figure 21: Goodrich Petroleum Corporation, Net Developed and Undeveloped Acreage, 2007-2010 35
Figure 22: Goodrich Petroleum Corporation and Peer Group, Relative Share Price Performance, 2010–2011 47
Figure 23: Goodrich Petroleum Corporation and its Peers, Per Boe Parameters, 2010 49
Figure 24: Goodrich Petroleum Corporation and its Peers, Operational and Financial Parameters in $/boe, 2010 49
Figure 25: Goodrich Petroleum Corporation and its Peers, Total Reserves and Production, MMboe, 2010 50
Figure 26: Goodrich Petroleum Corporation and its Peers, Valuation Metrics, 2010 50
Figure 27: Goodrich Petroleum Corporation, Total Crude Oil and Natural Gas, Production and Reserves, MMboe, 2006-2010 52
Figure 28: Goodrich Petroleum Corporation, Total Oil & Gas Reserves, End of Period, By Country/Region, MMboe, 2006-2010 53
Figure 29: Goodrich Petroleum Corporation, Total Oil & Gas Production, By Country/Region, MMboe, 2006-2010 53
Figure 30: Goodrich Petroleum Corporation, Total Crude Oil and Natural Gas Reserve Changes, MMboe, 2010 55
Figure 31: Goodrich Petroleum Corporation, Crude Oil Production and Reserves Metrics, MMbbl, 2006-2010 56
Figure 32: Goodrich Petroleum Corporation, Oil Reserves, End of Period, By Country/Region, MMbbl, 2006-2010 57
Figure 33: Goodrich Petroleum Corporation, Oil Production, By Country/Region, MMbbl, 2006-2010 57
Figure 34: Goodrich Petroleum Corporation, Crude Oil Reserve Changes, MMbbl, 2010 59
Figure 35: Goodrich Petroleum Corporation, Natural Gas Production and Reserves Metrics, Bcf, 2006-2010 60
Figure 36: Goodrich Petroleum Corporation, Gas Reserves, End of Period, By Country/Region, Bcf, 2006-2010 61
Figure 37: Goodrich Petroleum Corporation, Gas Production, By Country/Region, Bcf, 2006-2010 61
Figure 38: Goodrich Petroleum Corporation, Natural Gas Reserve Changes, Bcf, 2010 63
Figure 39: Goodrich Petroleum Corporation, Oil and Gas Reserves Life Index, Years, 2006-2010 64
Figure 40: Goodrich Petroleum Corporation, Gas Reserve Life Index, By Country/Region, Years, 2006-2010 65
Figure 41: Goodrich Petroleum Corporation, Oil & Gas Reserve Life Index, By Country/Region, Years, 2006-2010 65
Figure 42: Goodrich Petroleum Corporation, Oil Reserve Life Index, By Country/Region, Years, 2006-2010 66
Figure 43: Goodrich Petroleum Corporation, Upstream Capital Expenditure, $m, 2006-2010 67
Figure 44: Goodrich Petroleum Corporation, Proved Acquisition Costs, By Country/Region, $m, 2006-2010 68
Figure 45: Goodrich Petroleum Corporation, Unproved Acquisition Costs, By Country/Region, $m, 2006-2010 68
Figure 46: Goodrich Petroleum Corporation, Development Costs, By Country/Region, $m, 2006-2010 70
Figure 47: Goodrich Petroleum Corporation, Exploration Costs, By Country/Region, $m, 2006-2010 70
Figure 48: Goodrich Petroleum Corporation, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, $/boe, 2006-2010 72
Figure 49: Goodrich Petroleum Corporation, Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, $/boe, 2006-2010 74
Figure 50: Goodrich Petroleum Corporation, Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, $/boe, 2006-2010 74
Figure 51: Goodrich Petroleum Corporation, Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, $/boe, 2006-2010 75
Figure 52: Goodrich Petroleum Corporation, Proved Reserves Acquisition Cost per boe, 3-Year Average, By Country/Region, $/boe, 2006-2010 75
Figure 53: Goodrich Petroleum Corporation, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2006-2010 77
Figure 54: Goodrich Petroleum Corporation, 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2006-2010 79
Figure 55: Goodrich Petroleum Corporation, 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2006-2010 79
Figure 56: Goodrich Petroleum Corporation, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2006-2010 80
Figure 57: Goodrich Petroleum Corporation, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2006-2010 80
Figure 58: Goodrich Petroleum Corporation, 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2006-2010 81
Figure 59: Goodrich Petroleum Corporation, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2006-2010 81
Figure 60: Goodrich Petroleum Corporation, Revenue and Expenses, $m, 2006-2010 83
Figure 61: Goodrich Petroleum Corporation, Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, $m, 2006-2010 84
Figure 62: Goodrich Petroleum Corporation, Exploration Expenses, By Country/Region, $m, 2006-2010 84
Figure 63: Goodrich Petroleum Corporation, Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, $m, 2006-2010 85
Figure 64: Goodrich Petroleum Corporation, Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, $m, 2006-2010 85
Figure 65: Goodrich Petroleum Corporation, Oil & Gas Revenue, By Country/Region, $m, 2006-2010 86
Figure 66: Goodrich Petroleum Corporation, Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, $m, 2006-2010 86
Figure 67: Goodrich Petroleum Corporation, Production Costs, By Country/Region, $m, 2006-2010 87
Figure 68: Goodrich Petroleum Corporation, Total Expenses From Upstream Oil & Gas Operations, By Country/Region, $m, 2006-2010 87
Figure 69: Goodrich Petroleum Corporation, Oil and Gas Revenue and Expenses, $/boe, 2006-2010 89
Figure 70: Goodrich Petroleum Corporation, Exploration Expenses per boe, By Country/Region, $/boe, 2006-2010 90
Figure 71: Goodrich Petroleum Corporation, Income Tax/(Benefit) per boe, By Country/Region, $/boe, 2006-2010 90
Figure 72: Goodrich Petroleum Corporation, Lifting Cost per boe, By Country/Region, $/boe, 2006-2010 91
Figure 73: Goodrich Petroleum Corporation, Annual Net Income per boe, By Country/Region, $/boe, 2006-2010 91
Figure 74: Goodrich Petroleum Corporation, Oil & Gas Revenue per boe, By Country/Region, $/boe, 2006-2010 92
Figure 75: Goodrich Petroleum Corporation, Total DD&A per boe, By Country/Region, $/boe, 2006-2010 92
Figure 76: Goodrich Petroleum Corporation, Total Revenue per boe, By Country/Region, $/boe, 2006-2010 93
Figure 77: Goodrich Petroleum Corporation, Oil and Gas Performance Metrics, 2006-2010 94
Figure 78: Goodrich Petroleum Corporation, Land Holdings (Developed and Undeveloped Acreage), Acres, 2006-2010 95
Figure 79: Goodrich Petroleum Corporation, Total Gross Undeveloped Acreage, By Country/Region, Acres, 2006-2010 96
Figure 80: Goodrich Petroleum Corporation, Total Net Undeveloped Acreage, By Country/Region, Acres, 2006-2010 96
Figure 81: Goodrich Petroleum Corporation, Total Gross Developed Acreage, By Country/Region, Acres, 2006-2010 97
Figure 82: Goodrich Petroleum Corporation, Total Net Developed Acreage, By Country/Region, Acres, 2006-2010 97
Figure 83: Goodrich Petroleum Corporation, Producible Oil and Gas Wells, 2006-2010 99
Figure 84: Goodrich Petroleum Corporation, Gross Productive Gas Wells, By Country/Region, Number, 2006-2010 100
Figure 85: Goodrich Petroleum Corporation, Gross Productive Oil & Gas Wells, By Country/Region, Number, 2006-2010 100
Figure 86: Goodrich Petroleum Corporation, Gross Productive Oil Wells, By Country/Region, Number, 2006-2010 101
Figure 87: Goodrich Petroleum Corporation, Net/Gross Oil & Gas Ratio, By Country/Region, %, 2006-2010 101
Figure 88: Goodrich Petroleum Corporation, Net Productive Gas Wells, By Country/Region, Number, 2006-2010 102
Figure 89: Goodrich Petroleum Corporation, Net Productive Oil & Gas Wells, By Country/Region, Number, 2006-2010 102
Figure 90: Goodrich Petroleum Corporation, Net Productive Oil Wells, By Country/Region, Number, 2006-2010 103
Figure 91: Goodrich Petroleum Corporation, Exploratory and Developed Wells, 2006-2010 104