SM Energy
SM Energy produced 56.0 MMbbl of oil and 235.4 Bcf of natural gas in 2025. 6,055 operated producing wells tracked, trailing 12 months per region.
- Operated 1.8% of the oil produced in Texas, 2025.
- Oil production rose 50% in 2025 as wells changed hands.
SM Energy's figures include production filed by its subsidiaries under their own names. Under Current operator an old month can show a later company.
Production
Still arriving: Oct 2026 <1% filed.
All from what the source published. 99.74% held at well grain.
How the volume breaks down
- 60.0% Reported by the official source by well
- 0.26% Reported by the official source as a lease, facility, field or state total. Published without per-well detail.
- 39.8% Reported by the official source as a lease total, split across the lease's wells. The regional total shown is the reported number, to rounding.
- under 0.01% A series adjusted to match official published figures: a well's cumulative, a later correction netted into the months before it, a field's oil volume from the royalty file for a month missing from the production report, or a state's yearly total from a second official source.
Every barrel here starts from what the official source published for the months measured. Measured over January 1956 to June 2026.
The gray “without per-well detail” band is volume the source reports above the well: fields, facilities, or leases the source publishes as one total. It is included so the stack still sums to the whole entity.
Still arriving: Oct 2026 <1% filed.
The gray “without per-well detail” band is volume the source reports above the well: fields, facilities, or leases the source publishes as one total. It is included so the stack still sums to the whole entity.
Still arriving: Oct 2026 <1% filed.
All from what the source published. 99.97% held at well grain.
How the volume breaks down
- 81.0% Reported by the official source by well
- 0.03% Reported by the official source as a lease, facility, field or state total. Published without per-well detail.
- 18.8% Reported by the official source as a lease total, split across the lease's wells. The regional total shown is the reported number, to rounding.
- 0.10% Reported by the official source for a longer period, spread across its months. The period total is the reported number.
- 0.06% A series adjusted to match official published figures: a well's cumulative, a later correction netted into the months before it, a field's oil volume from the royalty file for a month missing from the production report, or a state's yearly total from a second official source.
Every cubic foot here starts from what the official source published for the months measured. Measured over January 1956 to June 2026.
The gray “without per-well detail” band is volume the source reports above the well: fields, facilities, or leases the source publishes as one total. It is included so the stack still sums to the whole entity.
Still arriving: Oct 2026 <1% filed.
The gray “without per-well detail” band is volume the source reports above the well: fields, facilities, or leases the source publishes as one total. It is included so the stack still sums to the whole entity.
The bands group wells by when they first produced.
About this chart
The stack shows what is holding today's rate up and how much of it is new drilling. The bands draw the filings already in.
These volumes are the production from the wells and facilities this company operates. Ownership works differently: other parties hold interests in these wells, and this company holds interests in wells that other companies operate. How we attribute production to a company
In Texas, production is reported for an oil lease or unit as well as for individual gas wells. Those lease and unit totals are divided among the wells they cover, and every Texas barrel is labeled reported or allocated. How well-level Texas production is built
Annual table (full history)
best estimate incl. unsplit totals and adjusted
| Year | Oil (MMbbl) | Gas produced (Bcf) |
|---|---|---|
| 2025 | 56.0 | 235 |
| 2024 | 37.4 | 215 |
| 2023 | 33.6 | 214 |
| 2022 | 34.2 | 202 |
| 2021 | 39.3 | 176 |
| 2020 | 31.2 | 169 |
| 2019 | 29.8 | 190 |
| 2018 | 25.3 | 169 |
| 2017 | 18.0 | 190 |
| 2016 | 16.7 | 203 |
| 2015 | 18.3 | 233 |
| 2014 | 16.7 | 199 |
| 2013 | 15.1 | 175 |
| 2012 | 10.8 | 129 |
| 2011 | 7.8 | 94 |
| 2010 | 5.9 | 51 |
| 2009 | 5.1 | 47 |
| 2008 | 5.6 | 53 |
| 2007 | 2.6 | 41 |
| 2006 | 1.3 | 31 |
| 2005 | 1.0 | 28 |
| 2004 | 1.0 | 25 |
| 2003 | 0.9 | 10 |
| 2002 | 1.2 | 10 |
| 2001 | 1.3 | 10 |
| 2000 | 1.4 | 13 |
| 1999 | 1.3 | 15 |
| 1998 | 1.3 | 15 |
| 1997 | 1.3 | 14 |
| 1996 | 1.1 | 7 |
| 1995 | 0.9 | 3 |
| 1994 | 0.8 | 3 |
| 1993 | 0.9 | 2 |
| 1992 | 1.0 | 2 |
| 1991 | 1.2 | 2 |
| 1990 | 1.2 | 2 |
| 1989 | 1.2 | 2 |
| 1988 | 1.2 | 2 |
| 1987 | 1.2 | 2 |
| 1986 | 1.4 | 2 |
| 1985 | 1.5 | 2 |
| 1984 | 1.2 | 2 |
| 1983 | 1.2 | 1 |
| 1982 | 1.0 | 1 |
| 1981 | 0.7 | 1 |
| 1980 | 0.7 | 1 |
| 1979 | 0.6 | <1 |
| 1978 | 0.7 | <1 |
| 1977 | 0.7 | <1 |
| 1976 | 0.6 | <1 |
| 1975 | 0.4 | <1 |
| 1974 | 0.4 | 0 |
| 1973 | 0.3 | 0 |
| 1972 | 0.1 | 0 |
| 1971 | 0.1 | 0 |
| 1970 | 0.1 | 0 |
| 1969 | 0.1 | 0 |
| 1968 | 0.1 | <1 |
| 1967 | 0.1 | <1 |
| 1966 | 0.1 | <1 |
| 1965 | 0.1 | <1 |
| 1964 | 0.1 | <1 |
| 1963 | 0.1 | <1 |
| 1962 | 0.1 | <1 |
| 1961 | 0.1 | <1 |
| 1960 | 0.1 | <1 |
| 1959 | 0.1 | 0 |
| 1958 | 0.1 | 0 |
| 1957 | 0.1 | 0 |
| 1956 | 0.1 | 0 |
Source: CommoVision (commovision.com)
Monthly table (last 24 months)
| Month | Oil (Mbbl) | Gas produced (MMcf) |
|---|---|---|
| 2026-05 | 10,177.8 | 50,826 |
| 2026-04 | 10,165.2 | 49,894 |
| 2026-03 | 10,220.7 | 50,431 |
| 2026-02 | 9,403.1 | 45,887 |
| 2026-01 | 4,344.4 | 19,916 |
| 2025-12 | 4,782.4 | 20,854 |
| 2025-11 | 4,522.1 | 19,936 |
| 2025-10 | 4,941.7 | 21,350 |
| 2025-09 | 4,742.3 | 20,469 |
| 2025-08 | 4,750.8 | 20,133 |
| 2025-07 | 4,955.5 | 20,149 |
| 2025-06 | 4,887.8 | 18,916 |
| 2025-05 | 5,142.5 | 19,334 |
| 2025-04 | 4,713.7 | 18,202 |
| 2025-03 | 4,349.7 | 19,034 |
| 2025-02 | 3,884.2 | 17,151 |
| 2025-01 | 4,375.2 | 19,916 |
| 2024-12 | 3,645.6 | 19,727 |
| 2024-11 | 3,184.3 | 18,856 |
| 2024-10 | 3,215.3 | 19,443 |
| 2024-09 | 3,275.2 | 18,236 |
| 2024-08 | 3,430.1 | 18,788 |
| 2024-07 | 3,280.3 | 18,229 |
| 2024-06 | 3,231.9 | 16,996 |
Source: CommoVision (commovision.com)
Source: CommoVision · SM Energy, data through June 2026.
Well map
- Oil 5,919
- Natural gas 3,000
- Undetermined 262
About this map
Undetermined means not enough signal to settle it. Producing wells are the ones that reported oil or gas in the trailing 12 months per region.
Type curves
15 of the drawn cohorts’ wells are not in these curves yet: each is still producing and joins its curve once it carries a forecast.
15 of the drawn cohorts’ wells are not in these curves yet: each is still producing and joins its curve once it carries a forecast.
best estimate incl. adjusted
Horizontal wells only. Average production per well, for wells grouped by when they first produced.
How these curves are built
Horizontal wells only: 4,916 of the 5,769 wells in these cohorts. Average daily production per well, for wells grouped by when they first produced. Includes every well of the cohort that is old enough at each month, except wells that are still active but not yet covered by our forecasts; those are left out of both the reported and forecast parts until they are. Wells that are shut in or have stopped producing count as zero, so the average reflects the whole group drawn, not just survivors. Rates are calendar-day (volume ÷ days in month). The cumulative axis accumulates those same monthly averages at the average month length. Months not yet fully reported are excluded. The 2010-2014 curve draws those years as one group. The chart opens on average daily rate against months on production, the rate on a log scale. The view control switches to rate against cumulative production per well, on the same log rate scale, or to cumulative production per well against months on production, on a linear scale. Every view draws the same cohorts from the same production history. Each cohort is solid through the last month all the wells in its curve sit inside fully reported data. Past it the dashed curve carries the same wells forward, on our forecast where a well’s own record ends, for up to five years. A dashed curve runs as far as at least nine in ten of its wells are accounted for. A well that is old enough but shut in still counts, as zero. The measured months are what these wells reported. In the forward months each well counts its own reported figure for each month it has one, our forecast for each month it has only that, and zero for the rest. The forward average counts every well in the curve. The drawn forecast runs up to five years past the measured months. Line thickness tracks how many wells each curve is drawn from. 1 well is counted here but not shown on the age axis: it started producing in 1995 or earlier, too close to the start of our records for its region to verify its true age.
Cohort summary table
| First produced | Wells in curve | Peak oil (bbl/d per well) | Month-12 oil (bbl/d per well) | Cum oil in series (Mbbl per well) | Peak gas (Mcf/d per well) | Month-12 gas (Mcf/d per well) | Cum gas in series (Bcf per well) | Months in series | Wells old enough at last month in series | Forecast months drawn |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 190 | 201 | — | 6.1 | 361 | — | 0.0 | 1 | 100% | 60 |
| 2025 | 381 | 641 | — | 114 | 925 | — | 0.2 | 8 | 100% | 60 |
| 2024 | 428 | 663 | 240 | 196 | 1,103 | 793 | 0.5 | 21 | 100% | 60 |
| 2023 | 448 | 705 | 217 | 230 | 1,204 | 829 | 0.7 | 33 | 100% | 60 |
| 2022 | 373 | 600 | 248 | 268 | 1,106 | 814 | 0.9 | 44 | 100% | 60 |
| 2021 | 285 | 677 | 287 | 313 | 1,204 | 897 | 1.0 | 56 | 100% | 60 |
| 2020 | 318 | 547 | 236 | 274 | 1,089 | 888 | 1.3 | 68 | 100% | 60 |
| 2019 | 494 | 559 | 175 | 224 | 1,057 | 784 | 1.1 | 80 | 100% | 60 |
| 2018 | 535 | 507 | 165 | 215 | 1,028 | 722 | 1.1 | 92 | 100% | 60 |
| 2017 | 283 | 465 | 155 | 217 | 1,412 | 652 | 1.1 | 104 | 100% | 60 |
| 2016 | 157 | 414 | 114 | 165 | 1,163 | 529 | 0.9 | 117 | 100% | 60 |
| 2015 | 258 | 263 | 66.7 | 113 | 840 | 501 | 0.8 | 128 | 100% | 60 |
| 2010-2014 | 751 | 237 | 61.9 | 96.1 | 1,278 | 611 | 1.0 | 140 | 100% | 60 |
Source: CommoVision (commovision.com)
Source: CommoVision · SM Energy type curves, per-well production by first-production cohort.
Recent permitting
About this chart
Approvals of every permit type per month, the 24 months to Nov 2026. The last bar is Nov 2026 through November 9, 2026 (14 so far), drawn hatched. All 291 approved in the 365 days to November 9, 2026 are permits to drill a new well. Permits to drill a new well: 291 in the 365 days to November 9, 2026 and 62 in the last 90 days of that window. How permits are counted.
- SM Energy was granted 291 well permits in the 365 days to November 9, 2026. Of those, 62 came in the last 90 days of that window. The latest approval on record is dated November 9, 2026.
- All 291 approved in the 365 days to November 9, 2026 are permits to drill a new well. Permits to drill a new well: 291 in the 365 days to November 9, 2026 and 62 in the last 90 days of that window.
- Permits counted here come from Colorado, New Mexico, Texas and Utah.
- Mississippi reaches this page through production data alone.
Well permits approved per month: full table
| Month | Permits approved |
|---|---|
| Nov 2026 (through November 9, 2026) | 14 |
| Oct 2026 | 17 |
| Sep 2026 | 7 |
| Aug 2026 | 48 |
| Jul 2026 | 4 |
| Jun 2026 | 14 |
| May 2026 | 32 |
| Apr 2026 | 6 |
| Mar 2026 | 23 |
| Feb 2026 | 19 |
| Jan 2026 | 51 |
| Dec 2025 | 42 |
| Nov 2025 | 14 |
| Oct 2025 | 13 |
| Sep 2025 | 38 |
| Aug 2025 | 44 |
| Jul 2025 | 8 |
| Jun 2025 | 45 |
| May 2025 | 24 |
| Apr 2025 | 27 |
| Mar 2025 | 13 |
| Feb 2025 | 29 |
| Jan 2025 | 15 |
| Dec 2024 | 70 |
Source: CommoVision (commovision.com)
What we cover here
Each row names the grain a region’s production is held at. Where a source publishes at a coarser grain, the page says so.
| Data | Grain | Since | Benchmark |
|---|---|---|---|
| Arkansas production | well | 1920-04 | ~62–101% of EIA |
| Colorado production | well | 1999-01 | ~100% of EIA |
| Kansas production | well | 1987-01 | ~99% of EIA |
| Louisiana production | well | 1977-01 | ~97–98% of EIA |
| Mississippi production | well | 1946-07 | ~100–102% of EIA |
| Montana production | well | 1986-01 | ~96–100% of EIA |
| North Dakota production | well | 1951-04 | ~99–100% of EIA |
| New Mexico production | well | 1924-01 | ~98–100% of EIA |
| Oklahoma production | lease + well | 1990-07 | ~99–100% of EIA |
| Pennsylvania production | well | 1980-01 | ~100% of EIA |
| Texas production | well | 1993-01 | ~100% of EIA |
| Utah production | well | 1984-01 | ~100% of EIA |
| Wyoming production | well | 1978-01 | ~100–101% of EIA |
Benchmark cells compare our series with the EIA’s published estimates.
About the EIA comparison
The two are produced differently: the EIA estimates from a survey of the largest operators and a model built to anticipate late filings, while the series compared here are rebuilt from official records as they arrive. Recent months can differ without either being wrong; the methodology page explains both methods.
Coverage rows for SM Energy are regenerated at every build from the same catalog of sources the data is built from.
Top regions by 2025 operated production best estimate incl. unsplit totals
| Region | Oil (MMbbl) | Gas produced (Bcf) | Share of 2025 output |
|---|---|---|---|
| Texas | 38.5 | 219.6 | 74.1% |
| Utah | 17.5 | 15.9 | 25.9% |
| Oklahoma | 0 | 0 | 0.0% |
| Wyoming | — | — | 0.0% |
Share of output counts oil and gas together, gas at its market-value weight.
— means no figure is published for that period.
What the data shows
- SM Energy produced 56.0 MMbbl of oil and 235.4 Bcf of natural gas in 2025.
- SM Energy oil production reached its highest level on record in 2025 at 56.0 MMbbl.
- SM Energy operated production across 13 reporting regions in 1 country (United States) in our coverage.
- 6,055 operated producing wells tracked, trailing 12 months per region.
Corporate history
- January 2026 Civitas Resources merged into SM Energy.
- October 2024 Assets moved from XCL Resources to SM Energy.
- August 2023 Hibernia Resources III became part of Civitas Resources.
- December 2015 Four Winds Marketing, LLC merged into SM Energy.
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