Columbia County Arkansas - Smackover Brown Dense Shale

By Tim - http://oilshalegas.com

November 7, 2011 - Southwestern Energy (SWN) provided a drilling update on the Smackover Brown Dense Formation located in Arkansas and North Louisiana. The lower Smackover and Brown Dense formations have been a hot topic lately due to the huge oil potential. There are multiple zones that have a chance to produce both oil and natural gas. The Smackover Brown Dense play will be a hot shale field in 2012 so stay tuned. Southwestern Energy (SWN) had this to say about the find.

"Included in the approximately 948,000 net acres are 487,000 net acres located in the Lower Smackover Brown Dense formation, an unconventional oil reservoir found in southern Arkansas and northern Louisiana. The company spud its first well in September, the Roberson 18-19 #1-15H located in Columbia County, Arkansas, and is currently drilling the lateral portion of the well. This well has a vertical depth of approximately 9,200 feet and a planned horizontal lateral length of 4,000 feet. The well is expected to be completed in November. The company will spud its second well, the Garrett 7-23-5H #1 located in Claiborne Parish, Louisiana in November. This well has a planned total vertical depth of approximately 10,700 feet and a planned 7,900-foot horizontal lateral. The company plans to drill up to 8 additional wells as we continue to test the concept in 2012. If the company's drilling program yields positive results, it expects that activity in the play could increase significantly over the next several years."

Shale News

OilShaleGas.com

Smackover Brown Dense Formation - Lower Smackover Shale

By Tim - http://oilshalegas.com

November 5, 2011 - Southwestern Energy (SWN) provided a drilling update on the Smackover Brown Dense Formation located in Arkansas and North Louisiana. The lower Smackover and Brown Dense formations have been a hot topic lately due to the huge oil potential. There are multiple zones that have a chance to produce both oil and natural gas. The Smackover Brown Dense play will be a hot shale field in 2012 so stay tuned. Southwestern Energy (SWN) had this to say about the find.

"Included in the approximately 948,000 net acres are 487,000 net acres located in the Lower Smackover Brown Dense formation, an unconventional oil reservoir found in southern Arkansas and northern Louisiana. The company spud its first well in September, the Roberson 18-19 #1-15H located in Columbia County, Arkansas, and is currently drilling the lateral portion of the well. This well has a vertical depth of approximately 9,200 feet and a planned horizontal lateral length of 4,000 feet. The well is expected to be completed in November. The company will spud its second well, the Garrett 7-23-5H #1 located in Claiborne Parish, Louisiana in November. This well has a planned total vertical depth of approximately 10,700 feet and a planned 7,900-foot horizontal lateral. The company plans to drill up to 8 additional wells as we continue to test the concept in 2012. If the company's drilling program yields positive results, it expects that activity in the play could increase significantly over the next several years."

Shale News

OilShaleGas.com

Southwestern Energy Co. (SWN): Marcellus Shale Update

By Andrea: http://oilshalegas.com

Southwestern Energy Co. (SWN) recently released an operational update on their Marcellus Shale assets located in Pennsylvania:

In the Marcellus Shale play in Pennsylvania, the company plans to begin the year drilling with one operated rig and end the year with two operated rigs. Southwestern plans to participate in a total of 40 to 45 gross wells, all of which will be operated.

"We are currently operating one rig in the Marcellus Shale and will increase to two rigs by year-end 2011. As a result, our 2011 production is expected to be in a range of 465 to 475 Bcfe, which is an increase of approximately 18% compared to our expected 2010 levels."

For more shale updates, visit: http://blackberrystocks.blogspot.com

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Southwestern Energy Co. (SWN): Fayetteville Shale Update

By Andrea: http://oilshalegas.com

Southwestern Energy Co. (SWN) recently announced its planned capital investment program and guidance for 2011. The company's total capital investment program in 2011 is planned to be approximately $1.9 billion, attributing much of that to the Fayetteville Shale.

"Our large inventory of high-return wells in the Fayetteville Shale gives us the ability to have profitable growth in today's price environment and our economies of scale in the play enable us to enjoy one of the lowest cost structures in the industry. The continued focus on keeping our costs low and adding the maximum value for each dollar we invest are the keys to success in 2011," stated Steve Mueller, President and Chief Executive Officer of Southwestern Energy.

"Our 2011 capital investment program continues to be dominated by our position in the Fayetteville Shale. Our plan for the Fayetteville Shale during the year is to transition from earning our acreage position by drilling first wells in new sections and optimizing well spacing to more drilling on multi-well pads which will result in faster drilling times. We currently plan to start the year with 13 operated horizontal rigs in the Fayetteville Shale and exit the year drilling with 11 rigs...."
For more shale updates, visit: http://blackberrystocks.blogspot.com

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