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Latest Fayetteville Shale Stories

2011-02-24 16:52:00

HOUSTON, Feb. 24, 2011 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) today announced its financial and operating results for the fourth quarter and the year ended December 31, 2010. Calendar year 2010 highlights include: Gas and oil production of 404.7 Bcfe, up 35% over 2009 Proved oil and gas reserves of 4,937 Bcfe, up 35% over 2009 Net income of $604.1 million, up 16% from adjusted net income in 2009 Net cash provided by operating activities before changes in operating...

2010-02-25 16:15:00

HOUSTON, Feb. 25 /PRNewswire-FirstCall/ -- Southwestern Energy Company (NYSE: SWN) today announced its financial and operating results for the fourth quarter and the year ended December 31, 2009. Calendar year 2009 highlights include: Gas and oil production of 300.4 Bcfe, up 54% over 2008 Proved oil and gas reserves of 3,657 Bcfe, up 67% over 2008 Reserve replacement of 592% in 2009, including reserve revisions, compared to 523% in 2008 Finding and development cost of $0.86 per Mcfe in...

2009-07-30 15:58:00

HOUSTON, July 30 /PRNewswire-FirstCall/ -- Southwestern Energy Company (NYSE: SWN) today announced its financial and operating results for the second quarter of 2009. Highlights include: Natural gas and crude oil production of 74.3 Bcfe, up 65% over the same period in 2008 Net cash provided by operating activities before changes in operating assets and liabilities of $325.3 million (a non-GAAP measure reconciled below), up 13% from the same period in 2008 Net earnings of $121.1 million,...

2009-02-26 15:30:00

Company Reports Production Growth of 71%, Reserve Growth of 51% and Finding and Development Cost of $1.53 per Mcfe in 2008 HOUSTON, Feb. 26 /PRNewswire-FirstCall/ -- Southwestern Energy Company (NYSE: SWN) today announced its financial and operating results for the fourth quarter and the year ended December 31, 2008. Calendar year 2008 highlights include: Net income of $567.9 million, up 157% from 2007 Net cash provided by operating activities before changes in operating assets and...

2008-10-30 18:00:26

HOUSTON, Oct. 30 /PRNewswire-FirstCall/ -- Southwestern Energy Company today announced financial and operating results for the third quarter of 2008. Highlights include: -- Record production of 52.8 Bcfe, up 76% over the same period in 2007 -- Record net income of $218.2 million, up 328% from the same period in 2007 -- Record net cash provided by operating activities before changes in operating assets and liabilities from continuing operations (a non-GAAP measure...

2008-07-24 09:01:05

Capital City Energy Group, a diversified oil and natural gas company, has acquired an interest in the Fayetteville Shale, a non-conventional reservoir, located in Van Buren and Cleburne Counties in Arkansas. The company has said that it is participating in drilling activity on more than 30,000 acres in these counties. To date, Capital City has participated in drilling 29 producing wells on the properties. Drilling activity is increasing at the rate of eight to 10 new producing wells per...


Word of the Day
attercop
  • A spider.
  • Figuratively, a peevish, testy, ill-natured person.
'Attercop' comes from the Old English 'atorcoppe,' where 'atter' means 'poison, venom' and‎ 'cop' means 'spider.' 'Coppa' is a derivative of 'cop,' top, summit, round head, or 'copp,' cup, vessel, which refers to 'the supposed venomous properties of spiders,' says the OED. 'Copp' is still found in the word 'cobweb.'
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