OIL MARKETS

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SECTIONS: OGJ 150 | OGFJ 100P
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Southwestern Energy Company

  Southwestern Energy Co.
2350 N Sam Houston Parkway East Suite 125
Houston, TX 77032
281-618-4700

Southwestern Energy Company is an integrated natural gas company whose wholly-owned subsidiaries are engaged in oil and gas exploration and production and natural gas gathering and marketing.

IR Contact: 281-618-4847

Latest Southwestern Energy News

Southwestern Energy enters Niobrara play

Southwestern Energy Co., through its wholly owned subsidiary Southwestern Energy Production Co., has signed an agreement to purchase 312,000 net acres in northwest Colorado targeting crude oil, natural gas liquids, and natural gas contained in the Niobrara formation from Quicksilver Resources Inc. and SWEPI LP, a wholly owned subsidiary of Royal Dutch Shell plc for $180 million.

Fayetteville inventory update

The Fayetteville shale is located on the Arkansas side of the Arkoma Basin and cuts a swath through the north-central part of the state east to the Mississippi River.

Southwestern Energy names Ale general counsel

Southwestern Energy Company has appointed John C. Ale as senior vice president, general counsel and corporate secretary effective November 11, 2013.

SWN Restoring Archey Fork

A groundbreaking ceremony was held June 28 in Clinton, Arkansas, marking the beginning of the Archey Fork restoration project led by The Nature Conservancy of Arkansas (TNC) whose mission is to conserve and restore the lands and waters of Arkansas for the benefit of people in the Fayetteville Shale area and beyond.

Southwestern Energy closes acquisition of Marcellus shale properties

Southwestern Energy Co. has closed its recently announced acquisition of approximately 162,000 net acres in the Marcellus shale play in Pennsylvania.

Southwestern Energy acquires Marcellus shale properties from Chesapeake

Southwestern Energy Co. (NYSE: SWN) has agreed to acquire natural gas properties located in Pennsylvania prospective for the Marcellus Shale from Chesapeake Energy Corp. (NYSE: CHK) and its partners for approximately $93 million.

 

Marcellus surpasses Haynesville as largest US natural gas producing play, says IHS

Recent pipeline expansions have helped the Marcellus shale play reach a production rate above 7 billion cubic feet (BCF)/day; surpassing the Haynesville shale to become the largest gas producing play in the US, according to a new IHS (NYSE: IHS) report.

Southwestern Energy elects COO

Effective October 1, 2011, William J. Way will join Southwestern Energy Co. as Chief Operating Officer (COO) responsible for all of the company's exploration and production (E&P) operations.

OGJ 150

Revenue, net income show small increases in 4Q2012

May 1, 2013 Revenues for the group of publicly-traded US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal grew in the final...

Helix completes sale of oil and gas business

Feb 6, 2013 Helix Energy Solutions Group Inc.has closed the previously announced sale of Energy Resource Technology GOM Inc. (ERT), the company’s oil and gas s...

Revenue, net income drop sharply in 3Q12

Feb 1, 2013 Revenues for the group of publicly-traded US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal continued their d...

WPX Energy makes natural gas discovery in Niobrara formation

Jan 23, 2013 Tulsa, OK-based oil and gas exploration and production company WPX Energy said January 22 that a recent Niobrara gas discovery in western Colorado ...

Helix to divest oil and gas subsidiary to grow well intervention business

Dec 13, 2012 International offshore energy company Helix Energy Solutions Group Inc. has agreed to sell its oil and gas subsidiary to privately-held upstream oi...

OGFJ 100P

FourPoint raises $1B in capital, partners with EnerVest in Anadarko Basin

Jan 31, 2014 FourPoint Energy LLC has acquired certain producing and undeveloped oil and gas properties and related midstream assets in the Western Anadarko Bas...

OGFJ100P company update

Jul 11, 2013 Independent research firm IHS Herold Inc. has provided OGFJ with updated production data for our periodic ranking of US-based private E&P compa...

Maverick Brothers Energy gets $35M in equity capital from Post Oak Energy

Apr 8, 2013 Post Oak Energy Capital LP, through investment partnerships it manages, has commitment of $35 million in equity capital to privately held explorati...

Midstates Petroleum to acquire Anadarko Basin assets from Panther Energy

Apr 4, 2013

OGFJ100P company update

Jan 1, 2013 Independent research firm IHS Herold Inc. has provided OGFJ with updated production data for our periodic ranking of US-based private E&P compa...

Oil & Gas Companies

Shell reports Malaysia deepwater gas discovery

Shell has announced an exploration discovery offshore Malaysia. The successful Rosmari-1 well is located 135 kilometers offshore in Block SK318, and was drilled to a total depth of 2,123 meters.

Cunningham Energy plans ‘Dragon’s Breath’ horizontal well program

Cunningham Energy LLC is planning three additional new shallow horizontal oil wells to be drilled in Clay County, West Virginia, from the “Dragon’s Breath” pad, with specified measured depths ranging from 4,750 feet to 5,200 feet.

L&L Energy to voluntarily delist from NASDAQ

L&L Energy Inc., a US-based company with energy (coal) operations in China, has notified NASDAQ Stock Market LLC of its intention to voluntarily delist its common stock (LLEN) from the NASDAQ.

Weatherford to move headquarters to Ireland

Weatherford International Ltd. has made plans to move its corporate headquarters from Switzerland to Ireland, after the Swiss government handed investors authority to rein in top-level executive pay.

Cantex Energy announces new president, headquarters

Cantex Energy Corp. reports that its board of directors has hired Paul Henley as CEO and president. Additionally, the company’s corporate headquarters will be moved to Dallas, Texas.

Weatherford to cut back Venezuela operations

This year, Weatherford International Ltd. plans to reduce its operations in Venezuela, while expanding its operations in Russia, according to Reuters.

Oil Basins receives grant for Derby Block

The Western Australian Department of Mines and Petroleum has confirmed to Oil Basins Ltd. that the grant of the Derby Block (formerly 5/07-EP), as Permit EP 487, has been made for a period of six years.