Trending News: ITM Power joins Rheinmetall’s plans for hydrogen-based defence e-fuel networkTrump’s Energy Leaders to Hold Call With CEOs on Iran War, Source SaysUS-Iran Talks to Span Past Summer As Oil Flows Remain DisruptedAnalysis: Why government warnings are a sign of progress in the CO2 conversationAnalysis: Why government warnings are a sign of progress in the CO₂ conversationThe Iran War Has Shattered Oil’s Price Compass: BoussoFire at Domestic Refinery Worsens Australia’s Fuel Supply CrisisIran Suspends Petrochemical Exports to Avoid Domestic ShortagesHormuz Crisis Forces Rethink on Alternative Marine Fuels InvestmentRural Co-ops Navigate a New Era of Load Growth, Rising Costs, and Policy PressureERCOT Sees Surge in Power Demand by 2030s Amid Data Center GrowthEquinor Signals Trading Windfall as War-Driven Volatility Lifts ResultsTotalEnergies Sees Q1 Profit Surge on High Prices, Strong TradingIndustry takes measures to shore up CO2 amid rising supply concernsUS Forces Ready to Restart Combat if Iran Doesn’t Agree to a deal, Says HegsethLNG ramp-up drives record volumes at Corpus Christi in TexasTSMC warns of gas cost pressures as AI demand outpaces chip supplyIndia’s Cooking Gas Crisis Could Persist for YearsIran-Linked Tankers Test Limits of U.S. Hormuz BlockadeIndia Snaps Up Spot LNG Cargoes as Asian Prices Slide‘No market’: Bosch Chairman urges EU to boost hydrogen demand, ease rulesEU electricity relief for energy-intensive firms in Germany Bulgaria and SloveniaEU electricity relief for energy-intensive firms in Germany Bulgaria and SloveniaBromine supply risk ‘more dangerous’ than helium for chip industryUzbekistan’s $6bn project tests region’s leap into industrial-scale hydrogen fuelsVideo | Managing contamination risk in helium compression systemsAirgas expands in California with Hust Brothers dealOil Prices Rise on Doubts US-Iran Peace Talks Will Ease Hormuz DisruptionUS Warns That Buyers of Iranian Oil Could be Hit With Sanctions Oil Prices Steady as Traders Balance Diplomatic Progress With Physical ShortagesRepsol Returns to Venezuela With Ambitious Production Growth PlanChina’s Refinery Runs Slip as War Squeezes Crude SupplyEuropean Buyers Eye Canadian LNG to Diversify SupplyRystad Says Energy Repair Costs from War Could Hit $58BDesert Solar Innovation Tackling Heat And Dust To Maximize EfficiencyInternational Energy Agency Brings 200+ Global Energy Leaders To Mexico City To Boost Efficiency And Energy SecurityGMT secures £195m to scale UK biomethane projectsApril 16, 2026: Green Energy Stocks Stay Resilient As Inox Wind And Adani Green Lead Gains Despite Weak MarketEuropean Energy Backs Poland’s Transition With New Renewable And Storage ProjectsNetwork with Key Govt Officials and Industry Leaders at Solar & Storage Expo North East 2026Japan firms link to advance onboard CCS with demo projectNeom port relieves Middle East congestion pressuresNeom port relieves Middle East port congestion pressuresEU plans early review of RFNBO hydrogen rules, leak showsAir Liquide invests €200m in Japanese chip gas plantsRemaining US hydrogen hub funding expected to survive DOE reviewMarine methanol-to-hydrogen system set for installation on large yachtBofA Flags Gas Price Surge but No Pullback in Discretionary SpendNorway’s Oil Export Earnings Surge 68% Amid Iran WarPakistan Army Chief in Tehran to Push Renewed TalksTrump Threatens To Fire Powell If He Stays Beyond MayTrump Issues Several Pipeline Permits for US-Canada Oil TransportationPermian-Focused EagleRock Plans Rare US Oil and Gas IPO, Sources SayMexico’s oil and gas sector needs certainty to drive investment, AMEXHI saysBulgarian minister wants fixed price for Kozloduy 7 and 8Kashiwazaki-Kariwa 6 resumes commercial operationGrowing recognition of nuclear fuel cycle’s importance, WNFC hearsApplication lodged to build microreactor at US universityIran Offers Proposal Allowing Ships to Exit Oman Side of Hormuz Free of Attack, Source SaysWhite House Denies U.S. Requested Ceasefire, Says New Talks May Happen in PakistanChina Considers Cuts to Solar Equipment Exports to U.S.Goldman Sachs Flags Two‑Way Risks to Their 2026 Oil Price OutlookUS Oil Export Ban: a Bad Idea Whose Time is ComingTrump Hints at War’s End as Hormuz Standoff Chokes Oil FlowsUS Crude Stocks, Gasoline and Distillate Inventories Fall, EIA SaysUS, Iran Talks Progress Towards Agreement to End War, Axios ReportsHow to Make Drilling for Oil Woke AgainOil-Gear Maker NOV Cuts Earnings Guidance as Iran War Hikes Costs and Snarls DeliveriesUS and Iran Weigh Extending Their Ceasefire by Two WeeksUS Unlikely to Grant New Waiver to Buy Russian Oil, Wright SaysWith ~55,000 Sub-$50/bbl Locations, the Permian’s Low-Breakeven Runway ExpandsJapan to Deploy $10 Billion to Help Southeast Asia Cope With Oil ShockSouth Korea Locks In 273 Million Barrels of Crude That Won’t Touch HormuzWorld’s Top Oil Companies To Rake In Extra $234 Billion In War ProfitsMaine Moves to Become First U.S. State to Ban New Data CentersSublime Energie launches on-farm biogas liquefaction demo in FranceOil Gains as Hormuz Shipping Constraints Persist Despite Hopes for US-Iran TalksHamburg approves 600,000-tonne ammonia terminalEnviTec biogas completes second biomethane project in SlovakiaAtlas Copco appoints Andersson to lead industrial technique areaSupertanker Tests Blockade With Second Gulf Entry AttemptIndonesia Turns to Russia for Oil as Middle East Risks MountTrump Says Iran War Is ‘Very Close to Over,’ Hints at Deal This WeekPath2 eyes extracting hydrogen from disused oil wells in EuropeAnalysis: Beyond helium, bromine supply risk threatens chip productionAnalysis: Beyond helium, bromine supply risk threatens chip productionHow does the Middle East crisis impact LNG shipping fuel outlook?TOYO and OneSubsea partner on CCS in Southeast AsiaVideo | Supporting a sustainable helium supply chain with high-efficiency recoveryTop Stories Of The Day: Brookfield Plans Solar Exit; Vikram Solar Hits 10 GW; MP Raises RPO Targets and More…US Utilities Increase Spending Plans to $1.5 Trillion Through 2030, Research Report SaysU.S. Blockade of Hormuz Holds Firm Under PressureChina’s Petrochemical Sector Cuts Output as Costs ClimbCanadian Oil Companies to Hold Back Investment Despite Windfall ProfitsAnalyst Flags Peace Momentum but Gives Oil Market WarningItaly’s Bionext gets €113m to develop 15 biomethane plantsItaly’s Bionext gets €113m to develop 15 biomethane plantsItaly firm gets €113m to develop 15 biomethane plantsReNew Energy Commissions Record 2.4 GW Capacity In FY26, Strengthens India’s Clean Energy LeadershipPtX, KGAL buy majority stake in Lhyfe’s 800MW Lubmin hydrogen project

SM Energy to Sell Some Texas Assets for $950 Million

Business & Policy
February 18, 2026

The U.S.-based oil and gas producer has agreed to sell nearly 61,000 net acres and about 260 producing wells in its southern Maverick Basin position in Webb County, Texas, along with related support facilities. Its shares were up 1.2% in premarket trading.

The transaction is expected to close in the second quarter, with an effective date of February 1.

(Reporting by Pooja Menon in Bengaluru; Editing by Shilpi Majumdar)

Get the Latest US Focused Energy News Delivered to You! It’s FREE: