BHP Raising Rigs in Haynesville, Putting Fayetteville Back on Market

BHP Billiton Ltd. on Wednesday detailed a sweeping plan to accelerate some U.S. activity onshore and offshore, highlighting plans to raise more natural gas rigs in the Haynesville Shale, swap land in the Permian Basin, complete more wells in the Eagle Ford Shale and sell off the Fayetteville Shale portfolio.

April 26, 2017

Activist Targets BHP Billiton, Calls For Demerger of U.S. Petroleum Business, Other Measures

BHP Billiton should jettison its U.S. petroleum business (offshore and on), which is undervalued by the market, does not contribute value to the company and does not mesh with BHP’s traditional mining operations, an activist shareholder said Monday in a letter to company directors.

April 10, 2017

Southwestern Idles Last Two Fayetteville Rigs Through End of 2015

Southwestern Energy Co. has idled its Fayetteville Shale drilling program for the remainder of 2015.

December 21, 2015
Southwestern Lays Off 102, Mostly in Fayetteville Operations

Southwestern Lays Off 102, Mostly in Fayetteville Operations

Houston-based natural gas producer Southwestern Energy Corp. has laid off 102 people, mostly from its Fayetteville Shale operations in Arkansas, because of commodity prices, a spokeswoman said Friday.

August 7, 2015
Ozark Seeks to Abandon Some of Its Arkansas System

Ozark Seeks to Abandon Some of Its Arkansas System

Flattening gas production from the Fayetteville Shale and other pipeline infrastructure in the region has prompted Ozark Gas Transmission LLC to repurpose some Arkansas gas pipeline facilities for refined products service.

August 22, 2014

Old Fayetteville Still Faithful to Southwestern; Marcellus Blooms

Nearly 10 years on and after 3 Tcf of cumulative operated production, the Fayetteville Shale is still setting records for the play’s pioneer, Southwestern Energy Co. Meanwhile, Marcellus Shale activity last year drove overall company production to record levels.

February 28, 2014

Researchers Find 18 Tcf Left in Fayetteville at About $4/Mcf

The venerable Fayetteville Shale has about 38 Tcf of technically recoverable reserves left, and 18 Tcf of that can be had with gas prices near $4/Mcf, according to a study by the Bureau of Economic Geology (BEG) at The University of Texas at Austin (UT).

January 9, 2014

Southwestern Sees Promise in Brown Dense Play Vertical Well Results

Southwestern Energy Co. executives trumpeted record results for 3Q2013 — including nearly double the gas production in the Marcellus Shale from the previous year’s quarter — and were excited by the success of a vertical well targeting the Lower Smackover Brown Dense formation, an emerging unconventional play in southern Arkansas and northern Louisiana.

November 4, 2013

Texas Eastern Offering ‘All of the Above’ Shale Access to Louisiana

Spectra Energy Transmission’s Texas Eastern Transmission announced an expansion to serve industrial markets in South Louisiana by Spring 2015 with shale gas supplies from multiple basins. An open season runs through Sept. 27.

August 27, 2013
Southwestern Tripled Marcellus Production in Second Quarter

Southwestern Tripled Marcellus Production in Second Quarter

Southwestern Energy Co. Marcellus Shale production during the second quarter was more than triple the year-ago level, and the company has been taking steps to get its gas out of the transportation capacity-constrained play. Meanwhile, production from its Fayetteville Shale activities edged up slightly.

August 6, 2013