SM Energy completed its second Austin Chalk horizontal in South Texas during Q1.
The company is encouraged by the Watson State 167H, which is now flowing at a threestream rate of 3,500 boe/d (55% liquids) from a 12,875-ft effective lateral. The well
is located between two producing Eagle Ford wells and is on the same pad as a
new Lower Eagle Ford horizontal that came online at the same time. Thus far, the
company has not seen any......
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