Eagle Ford Shale producer Sanchez Energy plans to slash its 2018 capital spending to be $75 million to $100 million less than the $525 million to $550 million it will have spent in 2017. Sanchez reported a 43% increase in the rate of production in the third quarter from a year earlier and achieved a production record of about 80,000 barrels of oil equivalent per day at the beginning of the fourth quarter.
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