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Sanchez Maintaining Two Rig Eagle Ford Program; Tweaks Completion Design
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Sanchez Energy announced operating results for the third quarter 2016.
Key Points: New generation of completion design that involves tighter cluster spacing and increased fluid and proppant loading During the third quarter 2016, the Company spud 21 gross (20.5 net) wells and completed 19 gross (19 net) wells. Running two rigs at Catarina and one rig at Cotulla and had 676 gross (558 net) producing wells with 19 gross (17 net) wells in various stages of completion Catarina Stats Q3 Maverick Stats Q3 Highlights include: Third quarter 2016 production of approximately 4.7 million barrels of oil equivalent, or approximately 51,500 barrels of oil equivalent per day, was at the high end of Company's 50,000 to 52,000 Boe/d guidance for the quarter;New generation of completion design…
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