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

Fayetteville Shale: Southwestern Energy SWN 2009

Southwestern Energy ( SWN ) has come out and given their drilling and budget update for the Fayetteville Shale in 2009.


“2008 has been an incredible year for Southwestern Energy. We have seen significant
improvements in our well performance in the Fayetteville Shale over the past several
quarters, resulting in remarkable growth in our production levels and, correspondingly, our earnings and cash flow. Meanwhile, the turbulent times in the financial and commodity markets are having a considerable impact on both the national economy and our industry.

As a result, we will enter 2009 with both caution and optimism. We believe the future for Southwestern is very bright and that 2009 will be another record year for our company. The company is well positioned with an extremely strong balance sheet and financial position and an opportunity set that rivals any in our industry with our Fayetteville Shale play,” stated Harold M. Korell, Chairman and Chief Executive Officer of Southwestern Energy.

“In 2009, we will continue to operate 20-21 rigs in the Fayetteville Shale play and, with the improvements in our drilling times, we currently expect to participate in approximately 620 horizontal wells (470 operated), compared to an estimated 520 wells in 2008, as we continue to develop our significant acreage position. As a result of our planned investments, we expect our 2009 production to be in a range of 280 to 284 Bcfe, which is an increase of approximately 48% compared to our expected 2008 levels,” stated Korell.

For More Updates on the Fayetteville Shale...Click Here

Chesapeake Energy ( CHK ) 12/8/08 - Looking to Sell More Assets

Chesapeake Energy ( CHK ) shares have been hit hard over the past several weeks due to deteriorating confidence in once highly respected management. Insider Stocks Sales, Dilution has really hit CHK stock hard. Today, 12/8/08, Chesapeake Energy seems to realize they have burned shareholders and are taking a few steps in the right direction to gain back shareholder confidence.

Chesapeake Energy is looking into selling some Fayetteville Shale Assets and will decrease the shelf offering to 25 million shares.

http://www.chk.com/News/Articles/Pages/1233294.aspx

http://blackberrystocks.blogspot.com/

Fayetteville Shale Conference UALR Arkansas 11/05/08

Want to learn more about the Fayetteville Shale? Do you live near Little Rock Arkansas?

The next University of Arkansas at Little Rock Economic Forecast Conference will be held Wednesday, Nov. 5 at the DoubleTree Hotel in Little Rock.

Following lunch, a panel discussion on the impact of the Fayetteville Shale development on communities will feature Conway County Judge Jimmy Hart; Brad Lacy, president and CEO of the Conway Development Corp.; and Jerry Cash, director of economic development for the city of Cleburne, Texas. He will discuss the impact that the Barnett Shale development had on Texas communities.

http://www.arkansasbusiness.com/article.aspx?aid=109672.54928.121801

Fayetteville Shale: EPEX Edge Petroleum Update 10/16/08

Edge Petroleum is out with an update on the Fayetteville Shale.

In the Fayetteville/Moorefield Shale play in Arkansas, we plan to participate with our partners in the drilling of at least two to three wells early in 2009. The proposed locations are near recently completed wells with initial rates in excess of 2 MMcfe per day. In addition, we continue to seek a permit from the Arkansas Oil & Gas Commission to re-inject produced water into an existing well. Once granted, we plan to bring three shut in wells with working interests from 80% to 100% back online. These wells, which tested at very favorable initial gas rates remain shut-in due to excessive water production from an underlying water-bearing formation.

http://www.edgepet.com/fw/main/default.asp?DocID=82&reqid=1212826