- Tight Gas & Oil
- Gas Hydrates
The transaction comes days after Diamondback Energy said it would add to its Northern Midland position with the roughly $1.25 billion cash-and-stock purchase of Ajax Resources.
Carrizo now has 46,000 net acres in the Delaware Basin including 26,300 net acres in its Phantom area.
Pipeline constraints are pushing the number of drilled but uncompleted wells higher in the Permian Basin.