Higher rig counts and new infrastructure contributed to record production from the Permian and Anadarko basin operations, Apache Corp. said Thursday.
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Southwestern Targeting Arkansas-Louisiana Oil Play
Fayetteville Shale pioneer Southwestern Energy Co. has been branching out to Appalachia’s Marcellus Shale; to New Brunswick, Canada; and to the Lower Smackover Brown Dense formation, an unconventional oil reservoir in southern Arkansas and northern Louisiana. Right now company executives are most enthusiastic about the latter, which Southwestern has been working on for more than two years.
August 2, 2011