SM Energy Company provided production guidance for the first quarter and full year of 2022. For the year, the company expects production of approximately 51 MMBoe to 54 MMBoe or 140 MBoe/d to 148 MBoe/d at 46% to 47% oil.

For the first quarter, the company expects production of 13.5 MMBoe to 13.8 MMBoe, or 150 MBoe/d to 153 MBoe/d, at 46% oil, reflecting the effect of only 4 Midland Basin completions in the fourth quarter 2021.