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3D seismic guides Arkoma basin Fayetteville play
08/13/2007
Drilling and 3D seismic surveying are ramping up in the Arkoma basin Fayetteville shale gas play in Arkansas.Southwestern Energy Co., Houston, which held 1,400 sq miles of net acreage in the play as of June 30, has shot 145 sq miles of 3D surveys and expects to have 400 sq miles of 3D surveys by yearend.The company, which plans capital spending of $950 million in the play this year, including gathering systems, will focus most of its development drilling in areas identified as “better performing” and with 3D seismic coverage. It also is forming a preference for slickwater fracs.Southwestern’s net Fayetteville shale production averaged 105 MMcfd in the first 6 months of 2...
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