Exploration & Production | Quarterly / Earnings Reports
Southwestern Energy Tweaking Marcellus Well Completions
At September 30, 2013, Southwestern had 151 operated horizontal wells on production and 80 wells in progress in the Marcellus Shale, resulting in net production of 44.7 Bcf in the third quarter of 2013, up 196% compared to 15.1 Bcf in the third quarter of 2012. Gross production from the company's operated wells in the Marcellus Shale was approximately 611 MMcf per day at September 30, 2013.
Of the 151 operated horizontal wells on production at September 30, 2013, 82 were located in Bradford County, 8 were located in Lycoming County and 61 were located in Susquehanna County. Of the 80 wells in progress at September 30, 2013, 38 were either waiting on completion or waiting to be placed to sales, including 3 in Bradford County, 8 in Lycoming County and 27 in Susquehanna County. A graph of…
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