By Tim - http://oilshalegas.com
Today, November 30, 2010, Carrizoo Oil & Gas came out with a production update on their Niobrara Shale Weld County, CO acreage.
Carrizo Oil & Gas Announces Initial Production Rates for Its First Two Eagle Ford Shale Wells and Updates Niobrara Activity
On the Company's Niobrara Formation acreage located in Weld County, Colorado, fracture stimulation activities are scheduled to commence on the State 16-11-9-60H on December 1, 2010. Initial production results are expected to be available from this well before the end of this year. The drilling of the vertical portion of the Company's second Niobrara well, the Bob White 36-44-8-62H, has been completed and protective casing has been installed through the curve. The drilling of the horizontal leg is currently under way. Initial production results from this well are expected in January 2011. A third Niobrara well is planned to be drilled in Section 36, Township 9N, Range 61W of Weld County immediately following finalization of the drilling of the Bob White well. Carrizo owns approximately 59,000 net acres in the Niobrara play, all of which are located in Weld County.
http://www.easyir.com/easyir/prssrel.do?easyirid=5973FCB26450FFF1&version=live&prid=692025
For more shale updates, visit http://blackberrystocks.blogspot.com
For more updates on the stock market, visit http://daytradingstockblog.blogspot.com
Showing posts with label Carrizo Oil and Gas Inc. (CRZO). Show all posts
Showing posts with label Carrizo Oil and Gas Inc. (CRZO). Show all posts
Tuesday, November 30, 2010
Oil Production Rates - Eagle Ford Shale - Carrizo Oil & Gas CRZO
By Tim - http://oilshalegas.com
Carrizo Oil & Gas (CRZO) has come out an given an update on their Eagle Ford Shale well production.
Carrizo Oil & Gas Announces Initial Production Rates for Its First Two Eagle Ford Shale Wells and Updates Niobrara Activity.
11/30/2010 -- Carrizo Oil & Gas, Inc. (NASDAQ: CRZO) today is providing an operational update on the Company's activities in the Eagle Ford Shale and Niobrara Formation. Carrizo's initial two Eagle Ford Shale wells were drilled from a common surface location in central La Salle County, Texas. The Mumme Ranch 10H was drilled with a 5,493 foot horizontal leg and was completed with 15 frac stages. The Mumme Ranch 12H was drilled with a 5,455 foot horizontal leg and was completed with 19 frac stages. Following the flow-back of completion fluids, the two wells were tested for production potential beginning on November 20, 2010. The Mumme 10H had a 24-hour initial production rate of 1,011 barrels of oil per day ("Bopd") while the Mumme 12H had a 24-hour initial production rate of 1,220 Bopd. Production from this two-well pad appears to have stabilized at the current combined rate of approximately 1,125 barrels of oil per day. Approximately 2 million cubic feet per day of 1,367 btu per mcf natural gas is currently being flared pending connection to a gas gathering pipeline. Carrizo has a 100% working interest and a 75% net revenue interest in these two wells.
Hydraulic fracture stimulation activities have been completed on the Company's next Eagle Ford well, the Pierce 10H, located to the southwest of the Mumme wells, and the well has commenced flow-back today. It is currently anticipated that initial production results for this well should be available before the end of the year. Carrizo owns approximately 20,000 net acres in the Eagle Ford Shale play, the majority of which are located in the condensate window of La Salle, Dimmit, and McMullen Counties. In addition to the three wells mentioned in this announcement, Carrizo has drilled two other Eagle Ford horizontal wells in La Salle County which are currently waiting on completion, expected to begin in the first quarter of 2011.
http://www.easyir.com/easyir/prssrel.do?easyirid=5973FCB26450FFF1&version=live&prid=692025
For More Shale Updates, visit http://blackberrystocks.blogspot.com
Also, check out our classifieds page by visiting http://www.oilshalegas.com/classifieds.html
Carrizo Oil & Gas (CRZO) has come out an given an update on their Eagle Ford Shale well production.
Carrizo Oil & Gas Announces Initial Production Rates for Its First Two Eagle Ford Shale Wells and Updates Niobrara Activity.
11/30/2010 -- Carrizo Oil & Gas, Inc. (NASDAQ: CRZO) today is providing an operational update on the Company's activities in the Eagle Ford Shale and Niobrara Formation. Carrizo's initial two Eagle Ford Shale wells were drilled from a common surface location in central La Salle County, Texas. The Mumme Ranch 10H was drilled with a 5,493 foot horizontal leg and was completed with 15 frac stages. The Mumme Ranch 12H was drilled with a 5,455 foot horizontal leg and was completed with 19 frac stages. Following the flow-back of completion fluids, the two wells were tested for production potential beginning on November 20, 2010. The Mumme 10H had a 24-hour initial production rate of 1,011 barrels of oil per day ("Bopd") while the Mumme 12H had a 24-hour initial production rate of 1,220 Bopd. Production from this two-well pad appears to have stabilized at the current combined rate of approximately 1,125 barrels of oil per day. Approximately 2 million cubic feet per day of 1,367 btu per mcf natural gas is currently being flared pending connection to a gas gathering pipeline. Carrizo has a 100% working interest and a 75% net revenue interest in these two wells.
Hydraulic fracture stimulation activities have been completed on the Company's next Eagle Ford well, the Pierce 10H, located to the southwest of the Mumme wells, and the well has commenced flow-back today. It is currently anticipated that initial production results for this well should be available before the end of the year. Carrizo owns approximately 20,000 net acres in the Eagle Ford Shale play, the majority of which are located in the condensate window of La Salle, Dimmit, and McMullen Counties. In addition to the three wells mentioned in this announcement, Carrizo has drilled two other Eagle Ford horizontal wells in La Salle County which are currently waiting on completion, expected to begin in the first quarter of 2011.
http://www.easyir.com/easyir/prssrel.do?easyirid=5973FCB26450FFF1&version=live&prid=692025
For More Shale Updates, visit http://blackberrystocks.blogspot.com
Also, check out our classifieds page by visiting http://www.oilshalegas.com/classifieds.html
Wednesday, October 6, 2010
Carrizo Oil and Gas Inc. - Niobrara Shale Update
By Andrea: http://oilshalegas.com
Carrizo Oil and Gas Inc. (CRZO) recently released an operational update on the Niobrara shale located in Weld County, Colorado:
In the Niobrara, a well pad has been prepared on Carrizo's leasehold in northern Weld County, Colorado, a rig has been contracted, and the company's first Niobrara horizontal well is expected to spud in the first or second week of October. This well will be fractured and completed following drilling. The company expects to conduct a production test during the fourth quarter of this year. The company has committed to participate in a 300 square mile 3-D seismic acquisition program over its Niobrara acreage in conjunction with industry partners.
For more shale updates, visit: http://blackberrystocks.blogspot.com
For more stock updates, visit http://daytradingstockblog.blogspot.com
Carrizo Oil and Gas Inc. (CRZO) recently released an operational update on the Niobrara shale located in Weld County, Colorado:
In the Niobrara, a well pad has been prepared on Carrizo's leasehold in northern Weld County, Colorado, a rig has been contracted, and the company's first Niobrara horizontal well is expected to spud in the first or second week of October. This well will be fractured and completed following drilling. The company expects to conduct a production test during the fourth quarter of this year. The company has committed to participate in a 300 square mile 3-D seismic acquisition program over its Niobrara acreage in conjunction with industry partners.
For more shale updates, visit: http://blackberrystocks.blogspot.com
For more stock updates, visit http://daytradingstockblog.blogspot.com
Carrizo Oil and Gas Inc. - Marcellus Shale Update
By Andrea: http://oilshalegas.com
In the Marcellus Shale, the Carrizo Oil and Gas Inc. (CRZO) has contracted a Nabors Drilling rig to initiate development drilling in northern Pennsylvania. The rig is expected to commence drilling on a multi-well pad located in Forest Lake Township, Susquehanna County, PA in late October 2010.
For more shale updates, visit: http://blackberrystocks.blogspot.com
For more stock updates, visit: http://daytradingstockblog.blogspot.com
In the Marcellus Shale, the Carrizo Oil and Gas Inc. (CRZO) has contracted a Nabors Drilling rig to initiate development drilling in northern Pennsylvania. The rig is expected to commence drilling on a multi-well pad located in Forest Lake Township, Susquehanna County, PA in late October 2010.
For more shale updates, visit: http://blackberrystocks.blogspot.com
For more stock updates, visit: http://daytradingstockblog.blogspot.com
Sunday, October 3, 2010
Carrizo Oil and Gas Inc. - Barnett Shale Update
By Andrea: http://oilshalegas.com
Carrizo Oil and Gas Inc. (CRZO) recently released an operational update on the Barnett Shale:
In the Barnett Shale, all 22 wells on the drilling pad located on the campus at the University of Texas at Arlington are on full production. The pad is flowing at a rate of 62 mmcfe/day now that pipeline constrictions have been resolved and the final wells completed. The production from the new wells and the increase in capacity has allowed the company's current Barnett net production to rise to approximately 112 mmcfe/day.
For more shale updates, visit: http://blackberrystocks.blogspot.com
For more stock updates, visit: http://daytradingstockblog.blogspot.com
Carrizo Oil and Gas Inc. (CRZO) recently released an operational update on the Barnett Shale:
In the Barnett Shale, all 22 wells on the drilling pad located on the campus at the University of Texas at Arlington are on full production. The pad is flowing at a rate of 62 mmcfe/day now that pipeline constrictions have been resolved and the final wells completed. The production from the new wells and the increase in capacity has allowed the company's current Barnett net production to rise to approximately 112 mmcfe/day.
For more shale updates, visit: http://blackberrystocks.blogspot.com
For more stock updates, visit: http://daytradingstockblog.blogspot.com
Susquehanna County, PA - Marcellus Shale Update
By Andrea: http://oilshalegas.com
In the Marcellus Shale, the Carrizo Oil and Gas Inc. (CRZO) has contracted a Nabors Drilling rig to initiate development drilling in northern Pennsylvania. The rig is expected to commence drilling on a multi-well pad located in Forest Lake Township, Susquehanna County, PA in late October 2010.
For more shale updates, visit: http://blackberrystocks.blogspot.com
For more stock updates, visit: http://daytradingstockblog.blogspot.com
In the Marcellus Shale, the Carrizo Oil and Gas Inc. (CRZO) has contracted a Nabors Drilling rig to initiate development drilling in northern Pennsylvania. The rig is expected to commence drilling on a multi-well pad located in Forest Lake Township, Susquehanna County, PA in late October 2010.
For more shale updates, visit: http://blackberrystocks.blogspot.com
For more stock updates, visit: http://daytradingstockblog.blogspot.com
Weld County, Colorado - Niobrara Update
By Andrea: http://oilshalegas.com
Carrizo Oil and Gas Inc. (CRZO) recently released an operational update on the Niobrara shale located in Weld County, Colorado:
In the Niobrara, a well pad has been prepared on Carrizo's leasehold in northern Weld County, Colorado, a rig has been contracted, and the company's first Niobrara horizontal well is expected to spud in the first or second week of October. This well will be fractured and completed following drilling. The company expects to conduct a production test during the fourth quarter of this year. The company has committed to participate in a 300 square mile 3-D seismic acquisition program over its Niobrara acreage in conjunction with industry partners.
For more shale updates, visit: http://blackberrystocks.blogspot.com
For more stock updates, visit http://daytradingstockblog.blogspot.com
Carrizo Oil and Gas Inc. (CRZO) recently released an operational update on the Niobrara shale located in Weld County, Colorado:
In the Niobrara, a well pad has been prepared on Carrizo's leasehold in northern Weld County, Colorado, a rig has been contracted, and the company's first Niobrara horizontal well is expected to spud in the first or second week of October. This well will be fractured and completed following drilling. The company expects to conduct a production test during the fourth quarter of this year. The company has committed to participate in a 300 square mile 3-D seismic acquisition program over its Niobrara acreage in conjunction with industry partners.
For more shale updates, visit: http://blackberrystocks.blogspot.com
For more stock updates, visit http://daytradingstockblog.blogspot.com
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