Carrizo Begins Production from Beachhouse #2 Well

Carrizo Oil & Gas reports that its Beachhouse #2 well in Chambers County, Texas has commenced production. The 12,350 foot follow-up exploratory well is currently producing to sales from the Vicksburg interval at an estimated rate of 8,040 Mcf of natural gas and 603 barrels of oil (11,658 Mcfe) per day with a flowing tubing pressure of 7,200 psi. Carrizo is the operator of the well and owns an approximate 25 percent working interest.

) Carrizo has also successfully recompleted the Delta Farms #1 well in LaFourche Parish, Louisiana. The well was recompleted in the upper Cris I sand at approximately 14,200 feet and is currently producing to sales at an estimated rate of 3,435 Mcf of natural gas and 795 barrels of oil (8,205 Mcfe) per day with a flowing tubing pressure of 9,500 psi. Carrizo is the operator of the well and owns an approximate 40 percent working interest.
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Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
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