Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

Exploration & Production | Operational Updates | Well Cost | Top Story | Quarterly / Earnings Reports | Production | Fourth Quarter (4Q) Update | Forecast - Production

Sanchez Cuts Per Stage Cost 40 Percent in the Eagle Ford

printPrint    |   
Sanchez Cuts Per Stage Cost 40 Percent in the Eagle Ford

Sanchez Energy Corporation announced the Company's operating and financial results for the fourth quarter and full-year 2014, which included the following highlights:

Highlights: Record revenues of $172.5 million, an increase of 33% over the prior year Record production of 4,039 MBOE; an average of 43,897 BOE/D Adjusted EBITDA, a non-GAAP financial measure defined below, of $133.7 million, an increase of 36% over the prior year Current production of approximately 44,000 BOE/D Estimated proved reserves of approximately 135 MMBOE at December 31, 2014, up more than 7 MMBOE, or 6%, from approximately 127 MMBOE at September 30, 2014, and up over 76 MMBOE, or 129%, from approximately 59 MMBOE at December 31, 2013 First quarter and full year 2015 production guidance range re-affirmed at 40,000…
Finish this article — free account or subscription
  • ✓  Full news archive — U.S., Canada & international coverage
  • ✓  A&D transactions — asset deals, corporate M&A, assets for sale
  • ✓  Permits & completions data, plus 900,000+ slides & presentations
No credit card. Includes 15 days of full access to permits, deals, completions and presentations.
Already a subscriber? Log in


More Fourth Quarter (4Q) Update News

Gulf Coast - South Texas News