Arkoma shale gains stature in SWN's 2005 budget

01/10/2005
Southwestern Energy Co., Houston, plans to increase the outlay for its emerging low permeability Mississippian Fayetteville shale play in the Arkoma basin as part of a 24% increase in its 2005 capital budget to $352.7 million.The program is heavily weighted towards lower risk development in Overton field, East Texas ($147.6 million), and conventional drilling in the Arkoma basin ($59.3 million).The company earmarked $100 million for the unconventional Fayetteville shale play and will accelerate the program as it finds encouragement in the drilling results. The program includes 160-170 wells in 2005.Of 16 Fayetteville wells drilled in five pilot areas in Franklin, Conway, Van Buren, and Fa...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected