SM Energy Company

Map : Howard County Acquisitions Map

Howard county has seens its share of the Midland county acquisition spree. Below is a map from our Permian Basin leasehold database showing some deals done. Download Map

2H2016: Who is Boosting Spending / Rigs and Who is Cutting Back?

As Q2 reports come out, numerous E&Ps are reporting changes to their capital budgets and rig counts for the remainder of 2016.

SM Energy to Drop Eagle Ford Rig in Q3; Shaves Capex ~5.0%

SM Energy Company announced financial results for the second quarter of 2016 and provided an operations update.

SM Adds to Permian Rig Fleet as Latest Wells Outperform Type Curve

SM Energy Company announced financial results for the first quarter of 2016 and provided an operations update.

SM Energy Drills 5 Wildcat Gas Wells in East Texas

Drilled 5 wildcat gas wells in East Texas

SM Energy's Borrowing Base Set at $1.25 Billion

SM Energy Company announced that the Company and its lenders have amended the senior secured credit facility, which matures in 2019.

Operator Details 114 Completions, Four Rig Program in 2016

The company plans to spend $705 million (down from $1.3B in 2015). 114 gross (55 net) wells to be drilled across Williston, Eagle Ford and Permian.

SM Touts Drilling Efficiencies in 4Q; Eagle Ford, Bakken, Permian

Optimizing expenditures and driving efficiencies were key goals of the 2015 operating plan.

Eagle Ford: Well Starts By Company ; Jan-01, 2016 to Feb 19, 2016

SM Energy's Strong Bakken Results Up Production to 64.4 MMBOE

SM Energy Company announces certain year-end 2015 results.

SM, Noble Betting on Oily Plays into 2016; Realign Spending Plans

At the Wells Fargo 2015 Energy Symposium, SM Energy Co. and Noble Energy Inc. detailed their plans for the remainder of 2015 and into 2016. This included a planned shift in spending directed toward oilier plays.

SM Looks to Expand Eagle Ford Potential; Cuts Bakken Drill Times by 11%

The Company has scheduled nine Eagle Ford multi-well pilot tests intended to test the potential for inventory expansion across its acreage position.

On the Market: Cleveland/Tonkawa Wells; Eagle Ford, Austin Chalk Acreage

Leaseholds in North Texas and in the Eagle Ford window.

Redetermination Season: Winners and Losers

While a select few are getting a boost to their credit facilities, the majority of companies are reporting unchanged or decreased redeterminations.

Eagle Ford Operator Borrowing Base Cut By $400 Million

The borrowing base was reduced to $2.0 billion from $2.4 billion.

On the Market: Operator Offers Up Permian Spraberry Asset

The assets are located in Lynn, Garza and Borden counties, Texas.

On the Market: N Central Basin - 42,296 Net Acres, Central Basin - 20,546 Net Acres, Midland Basin - 3 Well Package, Central Basin - Levelland (Masten Unit), Eagle Ford - 9 Well Package

Assets on the market.

SM Optimizing Eagle Ford Spacing; IDs Bakken Sweet Spot

SM Energy Company reported its financial results for the second quarter of 2015 and provides an operations update.

SM Energy Touts Tighter Eagle Ford Spacing Results

SM has detailed its latest developments in the Eagle Ford and Bakken plays, including updating its downspacing pilot and completion strategy.

SM Energy Wraps Up $600MM Senior Note Exchange

SM Energy Company reported the closing of its offer to exchange $600 million of its 6.125% Senior Notes due 2022.