Drilling & Completions | Production Start Up | Drilling Activity
SM Turns on Taps at 25-Well Merlin Maximus Pad; Spraberry, Wolfcamp Targets
Print
|
SM Energy Co. detailed its recent operations on its 25-well Merlin Maximus development (targeting the Spraberry / Wolfcamp) within its RockStar area.
All 25 wells were drilled and completed as planned and on budget. 24 of the 25 wells (one well intentionally shut-in to monitor sub-surface pressure) are on production as scheduled. While it is very early data, all wells are meeting or exceeding production expectations.
The 25-well development includes nine Lower Spraberry, 11 Wolfcamp A and five Wolfcamp B wells located across a 1.1-by-2 mile development area. The wells have an average lateral length of 10,300 feet. Water production from the wells feeds into the Company's recently constructed water management system, which transports produced water either to Company-operated disposal wells or to be recycled for new well completions.
More Pad Drilling News
Leucrotta Preps to Drill First Wells at Montney Mica Project
Leucrotta Exploration Inc. reported that it will commence operations of Phase I of the Mica Pad Development mid-July and should be on production by mid to late October.…
Pipestone Energy Fourth Quarter, Full Year 2020 Results
Pipestone Energy Corp. reported its Q4 and full year 2020 results, as well as its latest proved reserve summary. 2020 Reserve Highlights: Pipestone delivered 71% growth in Proved…
Obsidian Ups 2020 Budget to Fund Alberta Cardium Drilling
Obsidian Energy has updated its 2020 capital spending plan due to the re-initiation of our Cardium development program. Obsidian Energy will increase its 2020 capital program by $3.2…
Matador Touts Lower Wolfcamp-A IPs at Boros Pad; Hits 4,500 BOEPD (60% Oil)
Matador Resources Co. reported results from its first four Boros wells completed and turned to sales in its Stateline asset area in Eddy County, New Mexico. IP Results…
Vista Restarts Vaca Muerta Well Pads; Cuts Costs with New Well Design
In its Q2 presentation, Vista Oil & Gas updated its Vaca Muerta operations, including restarting shut-in wells as well as detailing its new well design. Production Restart The…
Permian News
Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…
These Three Companies Will Increase Drilling & Completion Over The Next 3 Year
In the span of fifteen months, three Japanese energy companies committed more than $10.3 billion to U.S. natural gas production assets — a buying spree that has transferred…
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…
Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…
Apa Corp : Doing More With Less
APA's 2025 narrative was one of operational surprise. The company came in beating production guidance every single quarter while spending below plan, capturing over $300MM in cost savings…
Permian - Midland Basin News
Permian Resources to Grow Production 6% in 2026
Permian Resources exited 2025 as the largest pure-play Delaware Basin operator with ~480,000 net acres and >105,000 net royalty acres. The company averaged 392.6 MBoe/d in 2025, including…
Battalion Oil Closes ~$60M West Quito Draw Asset Sale
Battalion Oil Corporation has closed the sale of its West Quito Draw assets in the Southern Delaware Basin to MCM Delaware Resources LLC, a subsidiary of MCM Energy…
Deal Rumor: ConocoPhillips Exploring $2B Permian Asset Sale
ConocoPhillips is reportedly exploring the potential sale of certain Permian Basin assets in a transaction valued at approximately $2 billion, according to Reuters, citing sources familiar with the…
This Operator Will Chop it's 2026 Rig Count From 34 to 24
ConocoPhillips is setting up 2026 as a lower-intensity, more efficient operating year — with the clearest proof coming from the Lower 48 activity reset following the Marathon integration.…
A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It
A handful of recent transactions and capital raises point to a subtle pattern in North American upstream—one that is easy to miss because each event, on its own,…