Energy Advisors Group Launches South Texas Gas Asset Sale for Smith Production                                      

HOUSTON (Oct. 10, 2025) — Energy Advisors Group (EAG) has been retained by Smith Production Inc. to market a high-quality operated gas portfolio across South Texas, encompassing legacy conventional fields with strong cash flow, extensive infrastructure, and substantial recompletion and development upside.

The package spans 77,000 gross acres (55,500 net), 100% held by production and 87% operated, covering Webb, Zapata, Starr, Hidalgo, and Duval counties. The assets include 411 producing wells, 83 PDNP, and 21 PUD locations, with total current net production of ~11.6 MMcfe/d.

According to third-party engineering by CG&A, total proved reserves carry a PV10 value of $67.7 million, with reserves composed of 57% PDP, 31% PDNP, and 12% PUD. The near-term forecasted net cash flow averages ~$560,000 per month, supported by a low-decline PDP base with an estimated R/P ratio exceeding 18 years.

“These are long-life, low-decline gas assets underpinned by decades of proven production history,” said Richard S. Martin, Director at Energy Advisors Group. “They offer a strong PDP foundation, recompletion inventory, and meaningful development potential in one of the most prolific conventional gas corridors in Texas.”

The position includes legacy Anadarko and EOG assets originally acquired in 2012 and 2016, with operations focused on the Wilcox, Lobo, Perdido, and Hinnant formations. The assets are fully integrated with in-field compression, 3-D seismic coverage, and established gas gathering infrastructure.

Engineering highlights include 83 scheduled recompletions and workovers (PV10: $21.4MM) and 21 PUD drilling opportunities (PV10: $7.8MM), providing near-term operational and capital investment upside. Top-producing fields include Tiffany, Stirling, Zwebb, and Pok-A-Dot, all with strong production continuity and identifiable uplift potential.

“This is a clean, well-documented asset set,” added Vann Keefover, Project Lead and Petroleum Engineer at EAG. “It’s rare to find a blocky, fully HBP South Texas position of this scale with seismic control, compression, and demonstrated repeatability.”

Process & Contact

A Virtual Data Room (VDR) is now live and available to qualified parties upon execution of a confidentiality agreement. The VDR includes detailed engineering, land, and accounting data along with a CG&A reserve report and full ARIES database.

For additional information or access, contact:

Richard Martin – Director, (469) 866-9796
Vann Keefover – Project Lead, Petroleum Engineer, (713) 600-0144
Wesley Adams – Vice President, (432) 553-2413

ABOUT ENERGY ADVISORS GROUP

EAG is a leading provider of global oil and gas marketing and advisory services. The firm and its partners have worked on over 1,000 assignments and advised on over $100 billion in transactions for over 400 clients. More information on the Sale Package can be found at: www.energyadvisors.com.