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Permian, Eagle Ford Operator to Drill 92 Net Wells in 2022; Five Rigs, Two Frac Crews
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SM Energy Co. reported its 2022 capital plan and guidance.
2022 Plan- Capex: $750 million - up 13% vs. 2021
D&C: $675 million Facilities: $45 million Other: $30 million- D&C Capex by Play
Midland: $371 million (55%) Eagle Ford / Austin Chalk: $303 million (45%)- Rigs Running: 5 rigs
Midland: 3 rigs Eagle Ford / Austin Chalk: 2 rigs- Frac Crews: 2 frac crews
Midland: 1 frac crew Eagle Ford / Austin Chalk: 1 frac crew- Well Plans (net): Drill 92 net wells :: Complete 78 net wells
Midland: Drill 55 net wells :: Complete 40 net wells Eagle Ford / Austin Chalk: Drill 37 net wells :: Complete 38 net wells- Production: 140-148 MBOEPD (46.5% oil)
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