Exploration & Production | Drilling / Well Results | Top Story | Quarterly / Earnings Reports | Fourth Quarter (4Q) Update
Carrizo Downspacing Eagle Ford, Niobrara Acreage
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Carrizo Oil & Gas Inc. has reported its 4Q13 operational update on its core shale plays, including the Eagle Ford and Niobrara.
Eagle FordIn the Eagle Ford Shale, Carrizo drilled 14 gross (11.0 net) operated wells during the fourth quarter, and completed 17 gross (12.1 net) wells. Crude oil production from the play rose to more than 11,200 Bbls/d for the quarter, an increase of 9% versus the prior quarter. At the end of the year, Carrizo had 29 gross (23 net) operated Eagle Ford Shale wells waiting on completion, equating to net crude oil production potential of approximately 8,600 Bbls/d. Carrizo is operating three rigs in the Eagle Ford Shale and currently expects to drill approximately 62 gross (47 net) operated wells in the play during 2014.
Carrizo is currently drilling its initial…
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