Cabeza

Industry Brief

Houston-based Carrizo Oil & Gas Inc. has drilled its Riverdale #2 well in the Cabeza Creek Project area in Goliad County, TX, which tested at an unstimulated gross rate of 7,524 Mcf /d and 146 bbl/d, or 8,400 Mcfe/d, on a 18/64-inch choke with flowing tubing pressure of about 4,050 pounds per square inch. The test was done in a Wilcox zone with 36 feet of net pay. Carrizo is operator and owns a 68.75% working interest. It currently is working on a pipeline hookup and expects the well to begin production in the next two weeks. Three additional wells are expected to be necessary to fully develop the Riverdale project, the company said. Other partners include Palace Exploration, which owns a 30% working interest.

October 10, 2001