Firms track Arkoma Fayetteville shale gas

By OGJ editors
HOUSTON, Jan. 19 – More operators are joining the Mississippian Fayetteville shale gas play in the Arkoma basin.

Maverick Oil & Gas Inc., Fort Lauderdale, Fla., said it will start drilling in the play in January 2006 and plans a continuous drilling program during 2006.

Maverick said it holds interests in more than 133,000 gross acres. Its wholly owned subsidiary, Maverick Woodruff County LLC, is operator with 45% working interest in the project. Woodruff County, Ark., is 65 miles west of Memphis, Tenn.

XTO Energy Inc., Fort Worth, the largest natural gas producer in Arkansas with more than 500,000 gross acres, also plans to become active in the play.

Royal Dutch Shell PLC has acquired 70,000 acres of leases in the play and, as its first participant among supermajors, plans to drill its first wells in 2006.

Southwestern Energy Co., Houston, first out of the gate in 2003 in the Fayetteville play, plans to spend $338 million in 2006 to drill 175-200 wells, most of them horizontal, and a further $53.5 million for 10 new drilling rigs (OGJ Online, Dec. 14, 2005).

Related Articles

Southwestern agrees to second Marcellus acquisition this month

12/23/2014

Southwestern Energy Co., Houston, has agreed to acquire 20% of the Marcellus shale assets belonging to Statoil ASA for $394 million.

Countries, oil and gas firms launch methane taskforce at UN meeting

10/20/2014 Governments of major producing countries and six multinational oil and gas companies formed a methane emissions reduction taskforce during the Unit...

Southwestern Energy to acquire Marcellus, Utica assets for $5.375 billion

10/16/2014 Southwestern Energy Co., Houston, has agreed to acquire assets in the southern Marcellus shale and a portion of the eastern Utica shale in West Vir...

Southwestern Energy to acquire Niobrara acreage for liquids-rich play

03/07/2014 Southwestern Energy Co., Houston, has agreed to purchase 312,000 net acres in northwest Colorado targeting oil, natural gas liquids, and natural ga...

Southwestern Energy appoints senior vice-president

10/29/2008 Southwestern Energy Co. has appointed Jeffrey B. Sherrick as senior vice-president, exploitation, of its subsidiaries SEECO Inc. and Southwestern E...

Kinder Morgan, ETP form Fayetteville pipeline JV

10/01/2008 Kinder Morgan Energy Partners LP (KMP) and Energy Transfer Partners LP (ETP) announced a 50:50 joint venture, Fayetteville Express Pipeline LLC, to...

XTO Energy expanding its Fayetteville shale acreage

04/07/2008 XTO Energy Inc. agreed to acquire 55,631 net acres of Fayetteville shale leasehold acreage, including producing properties, from Southwestern Energ...

3D seismic guides Arkoma Fayetteville play

08/02/2007 Drilling and 3D seismic surveying are ramping up in the Arkoma basin Fayetteville shale gas play in Arkansas.

Fayetteville shale flow hits 155 MMcfd

05/01/2007 Southwestern Energy Co., Houston, said its gross gas production from the eastern Arkoma basin Fayetteville shale play in Arkansas was 155 MMcfd as ...
White Papers

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by

The impact of aging infrastructure in process manufacturing industries

Process manufacturing companies in the oil and gas, utilities, chemicals and natural resource industri...
Sponsored by

What is System Level Thermo-Fluid Analysis?

This paper will explain some of the fundamentals of System Level Thermo-Fluid Analysis and demonstrate...
Available Webcasts


Prevention, Detection and Mitigation of pipeline leaks in the modern world

When Thu, Apr 30, 2015

Preventing, detecting and mitigating leaks or commodity releases from pipelines are a top priority for all pipeline companies. This presentation will look at various aspects related to preventing, detecting and mitigating pipeline commodity releases from a generic and conceptual point of view, while at the same time look at the variety of offerings available from Schneider Electric to meet some of the requirements associated with pipeline integrity management. 

register:WEBCAST



On Demand

Global LNG: Adjusting to New Realities

Fri, Mar 20, 2015

Oil & Gas Journal’s March 20, 2015, webcast will look at how global LNG trade will be affected over the next 12-24 months by falling crude oil prices and changing patterns and pressures of demand. Will US LNG production play a role in balancing markets? Or will it add to a growing global oversupply of LNG for markets remote from easier natural gas supply? Will new buyers with marginal credit, smaller requirements, or great need for flexibility begin to look attractive to suppliers? How will high-cost, mega-projects in Australia respond to new construction cost trends?

register:WEBCAST


US Midstream at a Crossroads

Fri, Mar 6, 2015

Oil & Gas Journal’s Mar. 6, 2015, webcast will focus on US midstream companies at an inflection point in their development in response to more than 6 years shale oil and gas production growth. Major infrastructure—gas plants, gathering systems, and takeaway pipelines—have been built. Major fractionation hubs have expanded. Given the radically changed pricing environment since mid-2014, where do processors go from here? What is the fate of large projects caught in mid-development? How to producers and processors cooperate to ensure a sustainable and profitable future? This event will serve to set the discussion table for the annual GPA Convention in San Antonio, Apr. 13-16, 2015.

This event is sponsored by Leidos Engineering.

register:WEBCAST


The Future of US Refining

Fri, Feb 6, 2015

Oil & Gas Journal’s Feb. 6, 2015, webcast will focus on the future of US refining as various forces this year conspire to pull the industry in different directions. Lower oil prices generally reduce feedstock costs, but they have also lowered refiners’ returns, as 2015 begins with refined products priced at lows not seen in years. If lower per-barrel crude prices dampen production of lighter crudes among shale plays, what will happen to refiners’ plans to export more barrels of lighter crudes? And as always, refiners will be affected by government regulations, particularly those that suppress demand, increase costs, or limit access to markets or supply.

register:WEBCAST


Emerson Micro Motion Videos

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected