Carrizo Oil & Gas Inc. is following in the footsteps of many of its peers and cutting capital spending compared to last year’s levels as it preserves capital for better times. The Eagle Ford Shale is the focus area, and any potential divestitures are on hold for the time being.
Carrizo
Articles from Carrizo
Carrizo Continues to Focus on Texas Oil Production
Carrizo Oil & Gas Inc. projects year-over-year third quarter crude oil production will once again increase, this time to 23,573 b/d, an 18% increase driven mainly by its core assets in South Texas’ Eagle Ford Shale.
October 16, 2015
Carrizo Makes Delaware Basin Deal, Is Eyed as Takeout Target
Carrizo Oil & Gas Inc. (CRZO) on Tuesday announced a Delaware Basin farm-out agreement and updated spending plans one day after the company was tipped by an analyst as potentially the next small cap takeout target following Monday's Noble Energy Inc.-Rosetta Resources Inc. deal.
May 12, 2015
Carrizo Makes Delaware Basin Deal, Is Eyed as Takeout Target
Carrizo Oil & Gas Inc. (CRZO) on Tuesday announced a Delaware Basin farm-out agreement and updated spending plans one day after the company was tipped by an analyst as potentially the next small cap takeout target following Monday’s Noble Energy Inc.-Rosetta Resources Inc. deal.
May 12, 2015
Carrizo Fined for Two Separate Spills in NE Pennsylvania
The Pennsylvania Department of Environmental Protection (DEP) has fined Carrizo Oil & Gas Inc. $192,044 for two separate incidents that occurred in the northeast part of the state last year.
June 20, 2014
Carrizo Gets Oily, May Have ‘Best Condensate Well in Entire Utica’
Carrizo Oil & Gas Inc. raised its oil production guidance for the rest of the year as 1Q2014 oil and natural gas production beat guidance and acreage was bolted on in the Eagle Ford and Utica shales. The company said it may have the best condensate-producing well in the entire Utica.
May 6, 2014
Eagle Ford-Powered Carrizo ‘Encouraged’ by Utica
Eagle Ford Shale activities will continue to power growth at Houston-based Carrizo Oil & Gas Inc. this year, management told analysts Tuesday, while the company remains “very encouraged” by its first well results in the Utica Shale in Ohio. One analyst suggested that Niobrara assets could be jettisoned with proceeds redeployed to South Texas.
January 28, 2014
Carrizo’s Guernsey County Utica Well Looks Promising
Those keeping a close eye on a six-county region in Southeast Ohio where drilling in a liquids-rich area of the Utica Shale has steadily increased recently got a bit more good news when Carrizo Oil and Gas Inc. announced the first results at its Rector 1H well in Guernsey County, located in the center of the drilling rush.
January 17, 2014
EV Energy Partners Bolting On More Barnett Acreage
EV Energy Partners LP (EVEP) and partnerships managed by EnerVest Ltd. have agreed to acquire Barnett Shale natural gas properties from Carrizo Oil and Gas Inc.
September 10, 2013
Utica Researcher: Decline Curve Data Needed for Accurate Output Forecast
A professor at Ohio’s Cleveland State University (CSU) said permitting activity in the Utica Shale this year is in line with projections but further success in the play depends on obtaining accurate decline curve data for production over a longer period of time.
September 20, 2012
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
