Tag: Sanchez energy
Sanchez Energy loses $1.5 billion in 2015, says ‘balance sheet remains strong’
Catarina wells are now over 40% more productive than when Sanchez Energy acquired them Texas-based Sanchez Energy Corporation says it lost $1.5 billion in 2015 despite achieving record oil production and cutting capital expenditures by over a third compared to 2014. “2015 was a strong year for Sanchez Energy despite the most challenging commodity environment we have faced […]
Sanchez Energy announces record high oil, gas production for Q4
“During the fourth quarter of 2015, we continued to realize significant operational success, which resulted in higher production levels and declining well costs” HOUSTON, TX – Sanchez Energy Corporation, today announced operating results for the fourth quarter of 2015 and updates to the 2016 capital budget. “2015 was a strong year for Sanchez Energy,” said Tony […]
Sanchez Energy enhances liquidity with $345 million midstream asset sale
Sanchez Energy says lifting costs were $7.78/BOE for first half of 2015, lower than guidance range of $9 – $10/BOE Sanchez Energy Corp. is selling pipelines, gathering and compression assets in the Eagle Ford for $345 million, one more sign of hard times in the Texas oil patch. Houston-based Sanchez Energy Corp. announced earlier this week […]
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