Latest John Thaeler Stories
By CHUCK BARTELS LITTLE ROCK -- The top executive of Southwestern Energy Co. says gas wells in the Fayetteville Shale formation in Arkansas remain economically feasible, even though natural gas prices are down. John Thaeler, CEO of the largest player in the Arkansas gas boom, said Friday that the Fayetteville Shale is exceptionally productive. He noted that the company on July 1 reached the milestone of producing 500 million cubic feet per day, a level that it took 20 years to reach in...
By Moritz, Gwen FIFTEEN COUNTIES IN NORthern and western Arkansas produced more than 264 billion cubic feet of natural gas in 2007, according to the Arkansas Oil & Gas Commission. But despite the attention focused on the hundreds of new wells being drilled in the Fayetteville Shale Play in the north-central part of the state, it was the old reliable Arkoma Basin formation that produced the most gas last year. What's more, only five of the 25 top gas production companies in the state...
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- Impressively great in size; enormous; extraordinary.