Exploration & Production | Top Story | General | Quarterly / Earnings Reports | First Quarter (1Q) Update
Carrizo Evaluating Midstream Solutions for Utica Production
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Carrizo Oil & Gas has reported a first quarter 2014 update on its Utica Shale operations.
In the Utica Shale, Carrizo's condensate production during the quarter averaged more than 380 Bbls/d. The Company's first well, the Rector 1H in Guernsey County, Ohio, has recently been shut-in awaiting midstream infrastructure following its long-term stabilized test. The well flowed up casing for 113 days, and produced more than 57 MBbls of condensate on a gross basis, or an average of more than 500 Bbls/d. Prior to being shut-in, the well had recently been flowing at a stabilized rate of approximately 420 Bbls/d of condensate and 1.8 MMcf/d of rich natural gas on a 16/64 in. choke. Carrizo has a 95% working interest in the Rector 1H well.
Carrizo expects to spud its next Utica Shale well, the Brown…
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