Operator · Bone Spring, Permian Basin & Powder River Basin
SM Energy Company
80 articles mentioning SM Energy Company · Page 2 of 4
SM Energy Tweaks Debt Exchange Plan
SM Energy Co. has amended its pending offers to exchange its outstanding notes listed in the table below for newly issued 10.00% senior secured notes due 2025 after reaching an agreement with certain holders of the...
Impairments MONITOR : Devon, Concho, Centennial, Southwestern, Parsley, Diamondback
We are tracking impairment charges by company. Latest in Impairments
Permian E&P to Maintain Four (4) Rig Program Throughout 2020
In a rather surprising move, SM Energy said in its Q1 report that it is maintaining its 4 rig program in the Permian. The company did however cut it frac fleets by 50% from 2 to...
SM Energy First Quarter 2020 Results
SM Energy Co. announced operating and financial results for the first quarter 2020 and provided updates to its 2020 operating plan. Highlights include: Production at the high end of prior guidance. First quarter 2020 production was...
SM Q1: $990MM Impairment Charge, Credit Line Slashed; Cuts 2020 Capex by 20%
SM Energy Co. reported its Q1 2020 results. Below are the highlights from its call and results report. Q1 Key Financial Developments & Production SM reported several key financial developments in Q1, including: Free Cash of...
SM Energy Talks 2020; D&C Activity Down Over 20% from 2019
SM Energy Co. has reported its 2020 capital plans. It also detailed its Q4 2019 results (available below the 2020 discussion). 2020 Plan Spending and activity for SM will be down across the board in 2020...
SM to 'Spend Less' in 2020, Become Permian-Focused Co; Touts Q3 Well Cost Cuts
SM Energy reported its Q3 results. Below are highlights (for the full release, scroll down below analysis). Hints at 2020 Plans; 'Will Be Less Than 2019' While SM Energy didn't go into detail about its 2020...
SM Energy Details Q2 2019 Well Results, Financials
SM Energy Co. announced financial and operating results for the second quarter of 2019. Highlights include: Better wells at lower costs - As previously reported, second quarter production of 12.4 MMBoe (136.5 MBoe/d), was up 19%...
SM Energy Gives Peek at 2020 Plans; Adjusts Guidance for 2019
SM Energy Co. has detailed a Q2 2019 update, including a peek at what it plans to do in 2020. 2020 to be 'Similar to 2019' SM noted that it expects its 2020 operations to be...
SM Ups 2019 Production Guidance as Wolfcamp D, Austin Chalk IP30s Impress
SM Energy Co. reported that its Q2 2019 production is exceeding expectations due to better than expected well performance, which are detailed below. Full guidance changes can be found below the well results. New Strong IP30s...
SM Energy Promotes Vogel to COO
SM Energy Co. has appointed Herbert S. Vogel to the position of Chief Operating Officer. Mr. Vogel joined the Company in 2012 and has served in the role of Executive Vice President - Operations since August...
SM's Permian Completions Jump +71% YOY as Eagle Ford Drops 60%; Touts Latest IP30s
SM Energy Co. reported its Q1 2019 results. Highlights from its report and presentation are below. Q1 Summary: Permian Ops Up +71% YOY as Eagle Ford Drops -60% - Well Activity: Drilled 35 / Completed 29...
SM Turns on Taps at 25-Well Merlin Maximus Pad; Spraberry, Wolfcamp Targets
SM Energy Co. detailed its recent operations on its 25-well Merlin Maximus development (targeting the Spraberry / Wolfcamp) within its RockStar area. All 25 wells were drilled and completed as planned and on budget. 24 of...
Report: Carrizo and SM Energy Mulling Possible Merger Deal
Carrizo Oil & Gas and SM Energy are said to be in "early stage discussions" regarding a potential merger deal between the two companies, according to a report by Bloomberg. The development was reported by "people...
SM Increasing Eagle Ford Rigs 100% in 2019; Midland Activity to Decrease
SM Energy detailed its 2019 capital plan. *The plan assumes $55/barrel WTI and $3/MMBtu Henry Hub Eagle Ford Rigs, Spending Up; Midland Drilling Down The company's capital plan is down -22% from 2018 (full details below),...
SM's Permian Output Up 97% YOY; Total Production Flat Compared to YE 2017
SM Energy has detailed 2018 production, pricing and certain financial metrics. Highlights include: - Total production for full year 2018 was 44 MMBoe (120.3 MBoe/d) (FLAT YOY) However, SM's Permian production grew 97% from 11 MMBOE...
SM Touts RockStar Wolfcamp Well IPs; Midland Production Up 108% YOY
SM Energy reported its Q3 2018 results. Touts Results from New RockStar Wells Results from 25 new RockStar wells, having an average 10,021 foot lateral, that have reached their 30-day peak IP rates include: 17 Wolfcamp...
SM's Q3 Production 'Exceeds High End of Guidance'; Credits Stronger Midland Wells
SM Energy reported preliminary production results for the third quarter of 2018. Highlights include: 12.0 MMBoe (130.2 MBoe/d) total production exceeded the high end of guidance due to better than expected well performance in the Midland...
Top 20 Permian Basin Wells Drilled: From 4,000 BO/d to 10,000 BO/d
Today in Charts We are taking a look at the top 20 Permian Basin wells drilled this year. You can click download the excel spreadsheet here.
SM Energy Touts Record Setting Wolfcamp A Results; Increases CapEx
SM Energy reported stellar results another quarter. Much has been said about the Delaware Basin, however, SM has consistently reported some of the best well results across the entire permian basin. Spackler Wolfcamp A sets SM...