Sanchez Resources

  • Welcome to Sanchez Resources LLC

  • Welcome to Sanchez Resources LLC

 Sanchez Resources, LLC was founded in 2010 by Eduardo Sanchez who currently serves as the company’s Chief Executive Officer. The company owns approximately $120 million of proved conventional oil properties in Louisiana and Mississippi and has amassed an ~100,000 net acre position in the core of the Tuscaloosa Marine Shale. In 2013, the company formed a joint venture and farmed out a 50% non-operated working interest to Sanchez Energy Corp (NYSE: SN). Sanchez Resources retained a 50% operated working interest and manages the joint venture on behalf of both parties.

The Tuscaloosa Marine Shale is an oil-rich shale located in southwest Mississippi and northeast Louisiana whose most prospective area lies at approximately 10,500’ to 14,000’ total vertical depth. To date, horizontal wells have typically had a 5,000’ to 7,500’ lateral with multi-stage fracs spaced approximately 250’ apart. The shale is a relatively deep formation with a high oil content with recent horizontal wells producing approximately 90% or more oil which can be sold at Louisiana Light Sweet pricing.