Sanchez Energy $SN Soars 10% After Earnings, Production Boost


Sanchez Midstream Reports Completion of Raptor Processing Plant; Expansion Coming Online in 2H17
via Criterion Research

Sanchez Midstream reported that they, in partnership with Targa, began flowing gas at the 200 Mmcf/d Raptor Processing Facility in May 2017. Additionally, the 60 Mmcf/d expansion is on track for completion in the second half of 2017.

Raptor is accepting volumes from the Carnero Gathering Pipeline that is gathering production from Sanchez Energy’s Catarina and the recently acquired Comanche asset

Sanchez also completed the SECO Pipeline, providing takeaway capacity from the processing facility to markets in South Texas.