Exploration & Production | Drilling / Well Results | Quarterly / Earnings Reports | Second Quarter (2Q) Update | Downspacing
Carrizo Exceeds Type Curves in the Niobrara
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Carrizo Oil & Gas Inc. has reported a second quarter 2014 update on its Niobrara operations.
In the Niobrara Formation, Carrizo drilled 8 gross (3.3 net) operated wells during the second quarter, and completed 12 gross (4.5 net) wells. Crude oil production from the Niobrara was approximately 2,200 Bbls/d for the quarter, an increase of 15% versus the prior quarter. Carrizo is operating one rig in the Niobrara and currently expects to drill 32 gross (11 net) operated wells during 2014.
During the second quarter, Carrizo began production from its first operated multiple-geologic-bench downspacing pilot in the Niobrara formation. As previously disclosed, the pilot consisted of eight wells in the Company's Bringelson Ranch area in Weld County, Colorado, which tested both B-A-B and B-B-B…
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