SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas, and NGLs in the state of Texas. SM Energy Company ranks #25 in wells drilled in 2022 with 83 wells drilled in the Mid Continent of the US. The Mid Continent region includes Texas, Oklahoma, New Mexico and Louisiana.
Data Download Center
SM Energy Wells Drilled 2023
SM Energy Rig Count July 2023
Eagle Ford Account List
Detailed list of Operators active in the Eagle Ford
Drilling Engineer
Detailed list of 1000+ contacts that are related to the drilling process for an Operator
GUIDANCE FULL YEAR 2023:
- Production: 53.5-55.5 MMBoe, or 147-152 MBoe/d at 43%-44% oil
- Capital expenditures (net of the change in capital accruals),(1) excluding acquisitions: $1,050 million
- LOE: $5.25-$5.50 per Boe
- Exploration expense: ~$60 million, inclusive of additional geologic and geophysical expenses associated with acquisitions
- Unchanged: Transportation per Boe at ~$2.50; production and ad valorem taxes per Boe at $2.90-$3.00; G&A ~$120 million, including $15-20 million for non-cash compensation; and, DD&A $12-$13 per Boe
GUIDANCE THIRD QUARTER 2023:
- Capital expenditures (net of the change in capital accruals),(1) excluding acquisitions: approximately $235-240 million. In the third quarter of 2023, the Company expects to drill approximately 22 net wells, of which 10 are planned for South Texas and 12 are planned for the Midland Basin, and turn-in-line approximately 28 net wells, of which 11 are planned for South Texas and 17 are planned for the Midland Basin.
- Production: Approximately 14.0 MMboe or 152 MBoe/d, at approximately 44% oil and 60%-61% liquids.
Energy News
