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Carrizo shifts toward Eagle Ford, focuses on multi-pad drilling
During Q3, Carrizo shifted activity from the Delaware Basin to the Eagle Ford, where production benefits from advantaged pricing. Four of the company’s six active rigs are in the Eagle Ford, and the company plans to keep work weighted toward the South Texas play until 2H19. The shift in resources enabled Carrizo to drill two additional large-scale multi-pad projects—a 15-well project in the Pena Winfield area and a 23-well project in the RPG area—that are expected to drive significant......
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