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STS - Sanchez reverses production declines on new strategy - March 2019
Eagle Ford-focused Sanchez Energy’s operational approach in 2018 sought to stem production declines and improve understanding of its assets, especially Comanche. Through incorporating the results of initial testing, the company reverted to a more conservative choke strategy, implemented a completion optimization strategy and increased artificial lift conversion and workover activity across the entire asset base. By Q4, the strategy began to bear fruit, with production increasing 6% sequentially to 79,946 boe/d. During 2018, Sanchez brought 217 wells online, including 44 in Q4.......
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