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Southwestern Energy’s Fayetteville output nears 500 MMcfd

08/11/2008
Southwestern Energy Co., Houston, said its gross operated production from the Fayetteville shale play area in north-central Arkansas was 500 MMcfd of natural gas, including 12 MMcfd from 14 wells producing from conventional reservoirs.The company has 857,000 net acres in the play. The production rate a year ago was 200 MMcfd.The company projected that estimated ultimate recovery could be improved by 15-20% from horizontal wells on which it has employed closer perforation cluster spacing. It tested the technique on 38 wells in the first half of 2008 and plans to use it on all of its wells the rest of the year.The company, running 22 rigs in the play, is drilling longer laterals generally a...
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