A method and system for controlling production from a hydrocarbon well that produces liquid and gas phases using well production equipment. A hydraulic power source supplies a flow of hydraulic fluid to a manifold. The manifold distributes the hydraulic fluid to each of the downhole pump and the casing gas pump. A controller is used to optimize production from the hydrocarbon well by controlling the hydraulic power source and the speeds of the downhole pump and the casing gas pump. The controller controls these components based on readings from a casing gas pressure sensor and a liquid level sensor relative to a predetermined casing gas pressure and a predetermined liquid level.