SM Energy Eagle Ford Production Surges in July

Production averaged 230 mmcfe/d in July. Up from 207 mmcfe/d in Q2.
Growing Production Image

Click to Enlarge

SM Energy’s Eagle Ford production grew to 230 mmcfe/d in July. That’s up more than 10% from the second quarter when the company produced 207 mmcfe/d. The company is also adding tank batteries this month that will allow for continued growth from the play. SM has been plagued by downstream pipeline curtailments and delays in receiving equipment. Due to the delays, much of the company’s production growth will be weighted toward the end of the year. As of mid-year, the company had completed 26 wells and plans to complete 41 in the second half of 2012. [Read more…]