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SM Energy Co (LTS:0KZA) Dry Hole Expense (USD Mil) : 0.00 (As of . 20)


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What is SM Energy Co Dry Hole Expense (USD Mil)?

Dry Hole Expense (USD Mil) means the cost incurred to drill an exploratory or developmental well that was found to be incapable of producing sufficient oil or gas to justify completion as an oil or gas well.

The historical rank and industry rank for SM Energy Co's Dry Hole Expense (USD Mil) or its related term are showing as below:

LTS:0KZA's Dry Hole Expense (USD Mil) is not ranked *
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Dry Hole Expense (USD Mil) only.

SM Energy Co Dry Hole Expense (USD Mil) Historical Data

The historical data trend for SM Energy Co's Dry Hole Expense (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SM Energy Co Dry Hole Expense (USD Mil) Chart


SM Energy Co  (LTS:0KZA) Dry Hole Expense (USD Mil) Explanation

Dry Hole Expense (USD Mil) means the cost incurred to drill an exploratory or developmental well that was found to be incapable of producing sufficient oil or gas to justify completion as an oil or gas well. It includes all costs including drilling the well and testing for the presence of hydrocarbons,as well as the costs for leasing land, seismic purchase and reprocessing.

SM Energy Co Dry Hole Expense (USD Mil) Related Terms

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SM Energy Co (LTS:0KZA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SM Energy Co (LTS:0KZA) » Definitions » Dry Hole Expense (USD Mil)
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Traded in Other Exchanges
SM:USA SJL:Germany
Address
1700 Lincoln Street, Suite 3200, Denver, CO, USA, 80203
Website
https://sm-energy.com
SM Energy Co is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids. Operating primarily out of the United States, the company actively participates in joint ventures, prospects/leaseholds, and drill-to-earn opportunities. The majority of the company's revenue is derived from some of the United States' premier drilling locations. Drilling location interests have been traditionally obtained through oil and gas leases from third parties. SM Energy relies on its fleet of geologists, geophysicists, landmen, and engineers to help extract the full potential out of all properties held.

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