SM Energy reports record proved reserves, including 34 percent in Midland Basin
Permian Basin Oil and Gas Magazine
MARCH 4, 2025
SM Energy of Denver recently reported record oil production for 2024 and also a company record for yearend estimated net proved reserves. Oil production last year was 29.4 Reserves were comprised of 44 percent oil, 38 percent natural gas and 18 percent NGLs. million barrels (80,200 barrels per day) up 23 percent from 2023.
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