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Sanchez Touts Eagle Ford Efficiencies; Results Above Type Curve
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Sanchez Energy Corp. detailed changes in its Eagle Ford efficiences, particularly at its Catarina prospect, where well costs have been lowered and wells are performing above type curves.
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Currently, Sanchez holds ~106,000 net Eagle Ford acres at its Catarina prospect. EURs are currently ranging from 600-700 MBOE and D&C costs are hovering at $4.5 million.
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Sanchez has increased its drilling efficiency at its Catarina project as well as cut well costs by nearly half.
The company is seeing a spud-to-total depth average of between eight and 15 days and well costs have fallen substantially from $8.8 million to $4.5 million
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In addition to improvements in drill times and well cost, Sanchez's Catarina results are performing above the…
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