Exploration & Production | Drilling / Well Results | Top Story | Quarterly / Earnings Reports | Fourth Quarter (4Q) Update
Carrizo Talks Marcellus Downspacing; Plans New Utica Well
Print
|
Carrizo Oil & Gas Inc. has reported its fourth quarter 2013 update on its Marcellus and Utica shale operations.
MarcellusIn the Marcellus Shale, Carrizo drilled 6 gross (1.4 net) operated wells during the fourth quarter, and completed 5 gross (1.2 net) wells. Natural gas production from the Marcellus was 39.0 MMcf/d in the fourth quarter, up from 36.4 MMcf/d in the third quarter. The Company's production from the play continues to be impacted by midstream delays and voluntary curtailments due to depressed local market pricing. Carrizo's planned 2014 activity in the play will focus on completing its inventory of drilled wells. For the year, Carrizo plans to drill a total of 3 gross (1 net) operated wells and complete 24 gross (7 net) wells.
Carrizo is currently testing downspacing…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations