SM Energy to sell South Texas assets to Caturus Energy for $950 million

SM Energy has agreed to sell 61,000 net acres and 260 producing wells in South Texas to Caturus Energy for $950 million, with proceeds expected to reduce debt…

1 sources · 1 articles · updated 2026-02-18 14:03 UTC · energy

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1. SM Energy to sell South Texas assets to Caturus Energy for $950 million

   World Oil · 2026-02-18 14:03 UTC

   SM Energy has agreed to sell 61,000 net acres and 260 producing wells in South Texas to Caturus Energy for $950 million, with proceeds expected to reduce debt and strengthen its balance sheet.

   Summary on nerom.app