LLOG Exploration Company LLC
02/18/2026 | Press release | Archived content
SM Energy to Sell South Texas Assets to Caturus for $950MM
ExpandSM Energy operations in Texas. (Jay Brittain/SM Energy)
February 18, 2026 07:35 AM CST
Key Takeaways
- SM Energy agreed to sell South Texas assets to Caturus Energy (formerly Kimmeridge Texas Gas).
- The assets are expected to average ~37,000-39,000 boe/d in 2026 (about 45% liquids, 9% oil).
- CEO Beth McDonald said the divestiture "largely accomplishes" SM's goal of selling more than $1B in assets.
SM Energy said Feb. 18 it has agreed to sell South Texas assets to Caturus Energy (formerly Kimmeridge Texas Gas) for $950 million cash.
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