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ALT - Indigo crosses 1 Bcfe/d threshold, leading N. Louisiana pack - April 18, 2019

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Private Houston driller Indigo Natural Resources says it reached a milestone of 1 Bcfe/d net production in March (1.4 Bcfe/d gross), making it the largest gas producer in North Louisiana. Throughput on the M5 Louisiana gathering system, which is 50% owned by Indigo and runs through the core of its acreage, increased to 1.0 Bcf/d in April. The company also announced that it increased proved reserves to 4.7 Tcfe at YE18 while maintaining 3P reserves at 16.0 Tcfe. Founder and......
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