SandRidge Energy signals continued Cherokee play expansion with 8-well 2025 drilling plan amid robust oil production growth

MSN
2025.11.06 21:04
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SandRidge Energy (SD) announced an 8-well drilling plan for 2025, signaling continued expansion in the Cherokee play. In the Q3 2025 earnings call, CEO Grayson Pranin reported a positive quarter with production averaging 19 MBoe per day, marking a 12% increase on a Boe basis and a 49% increase in oil production. This growth resulted in a 32% increase in revenue for the company.