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Sanchez Sees 355 MBOE in Q1 Production Onshore TX

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Sanchez Sees 355 MBOE in Q1 Production Onshore TX

Sanchez Energy Corporation has reported an operations update on the Company's activities in the Eagle Ford, Buda, Austin Chalk and Pearsall areas.

Summary Highlights: Estimated first quarter 2013 production of 355 MBOE, an increase of 106% over the previous quarter and an increase of 320% as compared to the first quarter of 2012 with current production in excess of 6,000 BOE/d Five new Prost wells in the Marquis area have recently come online with average initial production rates of 1,044 BOE/d, bringing total producing well count in this area to eight wells with two additional wells undergoing completion, one well waiting on completion, and one well currently drilling Three new Palmetto wells have recently come online with average initial production rates of 1,200 BOE/d, bringing total…
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Gulf Coast - South Texas News