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Eagle Ford Operator to Drill & Complete 53 Wells in 2016; TMS Suspended
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Sanchez disclosed its 2016 plans for the Eagle Ford asset during its most recent Analyst Day on January 20, 2016. Below is a breakout of the activity as well as the company operated map. While unrelated, we did notice that the company has reduced its Eagle Ford position for ~207,000 net acres to ~200,000 net acres. As most of you might remember, the company picked up the Catarina asset from Shell for ~$640 Million.
In light of the current oil price environment, it is clear why the company is not allocating any capital to it's TMS asset. Click here to see the list of the company assets.
Operated Eagle Ford Map Eagle Ford Well CostDid you know you can use ShaleExperts Presentation Manager Database to find more 2016 Capital Budgets and drilling Plans?
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