Exploration & Production | Drilling & Completions | Top Story | Quarterly / Earnings Reports
Carrizo Grows Eagle Ford Production; Pearsall Well Disappoints
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In the Eagle Ford Shale, Carrizo drilled 15 gross (10.9 net) operated wells during the second quarter, and completed 12 gross (9.8 net) wells. Crude oil production from the play rose to more than 9,900 Bbls/d for the quarter, an increase of 19% versus the prior quarter. At the end of the second quarter, Carrizo had 24 gross (17.5 net) Eagle Ford Shale wells waiting on completion, equating to net crude oil production potential of approximately 6,600 Bbls/d. Carrizo is operating three rigs in the Eagle Ford Shale and currently expects to drill approximately 53 gross (43 net) operated wells in the play during 2013.
During the second quarter, Carrizo drilled its first two 500 ft. downspacing tests in the Eagle Ford Shale, the Irvin A…
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