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STS - SM Energy Highlights - November 7, 2019

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SM Energy’s efforts to drive South Texas value and inventory through more efficient well design and testing the higher-liquids, highermargin Austin Chalk are showing success. One Austin Chalk test, the Galvan Ranch B904H, produced a peak 24-hour three stream rate of 3,900 boe/d (28% oil) and initial 30-day rate of 3,599 boe/d from an 11,306- ft lateral. This is the company’s best South Texas oil well drilled to date. The Briscoe C State 108H,......
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