Archive for the ‘SM Energy Inc’ Category
Vogel named SM Energy chief operating officer
June 3rd, 2019 by Latest News
Herbert S. Vogel, executive vice-president of operations of SM Energy Co., Denver, has been promoted to chief operating officer.
SM Energy Co., Denver, has entered into two definitive agreements, one for the sale of the company’s remaining assets in the Williston basin in Divide County, ND, and one for the sale of its third-party operated assets known as Halff East in Upton Coun…
Permian overload
January 30th, 2017 by Latest News
The US exploration and production segment has undergone a dramatic transformation over the past 2½ years necessitated by lower crude oil prices.
Oasis Petroleum Inc., Houston, has agreed to acquire 55,000 net acres and 226 gross operated drilling locations in Williams and McKenzie counties, ND, part of the Williston basin, from Denver-based SM Energy Co. for $785 million.
SM Energy makes another billion-dollar deal for Midland basin acreage
October 31st, 2016 by Latest News
SM Energy Co., Denver, has agreed to acquire 35,700 net acres in Howard and Martin counties of West Texas from Houston-based QStar LLC, a portfolio company of EnCap Investments LP and a related entity, for $1.1 billion in cash plus 13.4 million shares …
The market has responded with a steepened contango to incentivize storage of crude, and the relatively higher price for delivery a year from now had widened toward the end of the first quarter to as much as $9-12/bbl compared with the next month delivery.