Exploration & Production | Drilling / Well Results | Top Story | Quarterly / Earnings Reports | Second Quarter (2Q) Update
Southwestern's Marcellus Production Jumps 80%; Type Curves Detailed
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Southwestern Energy Co. has reported a second quarter 2014 update on its Marcellus operations.
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In the second quarter of 2014, Southwestern placed 23 new wells on production in the Marcellus Shale resulting in net gas production from the Marcellus Shale of 61 Bcf, up approximately 80% from 34 Bcf in the second quarter of 2013. Gross operated production in the Marcellus Shale was approximately 744 MMcf per day at June 30, 2014. With activity to date and the company's planned level of drilling for the remainder of the year, Southwestern estimates that it will drill approximately 73 to 77 operated wells in the Marcellus Shale in 2014, compared to 80 to 85 wells previously forecast.
As of June 30, 2014, Southwestern had 216 operated wells on production…
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