Houston-based independent Carrizo Oil & Gas Inc. said Thursday that its Hankamer No. 1 well in Liberty County, TX, has begun producing at a gross rate of 15,122 Mcfe/d and 772 bbl/d. The well, in which Carrizo is operator and 40% partner, was drilled in the fourth quarter. The company said the well, which was successfully completed in the Cook Mountain interval, had a flowing tubing pressure of 7,166 psi. Carrizo is monitoring the well’s performance and has increased the production rate to a current rate of approximately 525 bbl and 7,000 Mcf (10,50 Mcfe) a day. Carrizo also announced that the Pauline Huebner A-382 #2 well in the company’s Matagorda Project Area, which targeted a previously untested structure near successful wells in the Providence Field, has now been drilled, reaching a total depth of 12,500 feet earlier this month. The well logs indicate 74 feet of apparent net pay in three potential pay intervals. Carrizo is the operator of the well and owns working interests ranging from 46.5-52.5% in the primary well objectives, depending upon the actual depth of the zone to be produced. Completion operations are in process and Carrizo expects to be able to test the well in the next seven to 10 days. Carrizo also is currently drilling another follow-up well to the company’s successful wells in the Providence Field, the Pauline Huebner A-382 #3, which is expected to reach total depth in the next seven to 10 days.

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