Caturus Energy’s transfer of air permits for Galvan Ranch production facilities in Webb County confirms the ongoing operational integration of the approximately 61,000-net-acre South Texas position acquired from SM Energy for an originally announced $950 million. The transaction transferred 260 producing wells and roughly 250 MMcfe/d to Caturus, creating an immediate OFS opportunity around maintaining and optimizing an established Eagle Ford/Austin Chalk production base while positioning suppliers for future development of the remaining inventory.