- Tight Gas & Oil
- Gas Hydrates
Following a $980 Midland Basin acquisition, the company plans to funnel nearly all of its capex into the Permian and jettison assets in the Bakken and Eagle Ford. Update: In a recent development, SM made two deals worth about $1.9 billion.
Solar and wind power are expected to make up only 7% of electric generation by 2017.
The Houston company has earmarked proceeds from its sale of noncore E&P and midstream assets in the Eagle Ford for possible acquisitions.
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