Mississippi Basin

FDL’s Southern Mississippi assets are comprised of three fields across 28,000 net acres that produce from the Selma Chalk formation. Net production is 8.9 MMcfe/d with a shallow, stable decline. Exploitation opportunities include horizontal drilling, artificial lift installation, and compressor optimization. Since acquisition, FDL has been able to moderate production decline with minimal capital while also achieving a decrease in operating costs of 20%.

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