Topic: Southwestern Energy

Marcellus and Eagle Ford Well Highlights

Chesapeake Energy in Marcellus (2019-04-10)Chesapeake Appalachia completed new well Adams 2H in Wyoming, PennsylvaniaAdams 2H tested April 10 for 25,986 MMcf of gas over 24 hours. Adams 2H is reported to have a vertical depth of 7,788 ft and a measured depth of 16,944 ft. The 9,156 ft lateral is perforated from 8,025 ft to 16,809 ft with 34 stages. Frac, flowback, directional, and casing vendors are BJ Service, Falcon Flowback Services, Halliburton, and Pipeco Services.Southwestern Energy completes 85 stage well in MarcellusSouthwestern Energy completed a...

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Southwestern Slashes $1.4B from Budget

Southwestern Energy (NYSE: SWN) has taken an axe to their 2016 capital budget expecting to spend $350 to $400 million in 2016 down from $1,828 in 2015. The company is aiming to spend within cash flow during the year and has only 5% of production headed for 2016. Production will fall within the range of 815 to 835 Bcfe down ~15% from 2015 production. There are no plans for rigs to be running this year with zero wells to be...

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