Exploration & Production
Southwestern Provides Update on Smackover Brown Dense
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Southwestern Energy, commented about the Lower Smackover Brown Dense formation during the company’s first quarter earnings call, held on May 4, 2012. The speaker is Steven L. Mueller, the CEO and president of Southwestern Energy
“In our Lower Smackover Brown Dense play in Southern Arkansas and Northern Louisiana, we hold leases on 540,000 net acres and have drilled 3 wells in the area. Our first well, the Roberson located in Columbia County, Arkansas, was placed on production in February, and its highest producing rate was 103 barrels a day of 36-degree API gravity oil with 200 Mcf per day of gas. The well has been shut in for pressure buildup testing in March, and we continue to perform testing on the well, which includes re-completing one stage in the heel of the well with acid last…
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