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Tag Archives: Southwestern Energy

Utica well activity


The Utica shale has been a booming shale and drilling is still going strong. During the week of December 27, 50 rigs were operating in the Utica and five horizontal drilling permits were issued. Although oil prices have been on a down hill slide and many companies across the nation have reported cut backs, those working in the Utica are ...

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Court decision could change the stakes in landowner lawsuits

The Pennsylvania Supreme Court will soon decide whether oil and gas companies are allowed to extend the life of a lease by the length of time taken up by a landowner’s failed attempt to void the contract. The court’s answer could change the stakes of every lawsuit filed by landowners to challenge the validity of their oil and gas leases. ...

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Southwestern Energy to buy certain oil and gas assets for $5.37 billion

southwestern energy logo

Oct 16 – Oil and gas producer Southwestern Energy Co said it would acquire certain oil and gas assets in Marcellus and Utica shale fields in West Virginia and southwest Pennsylvania from Chesapeake Energy Corp for about $5.37 billion. The acquired assets include 256 operated and producing wells and 179 non-operated wells. Average net daily production from these properties was ...

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Petroleum titans join forces with heads of state to reduce methane

Trapped methane bubble underneath frozen Abraham Lake in Canada. Getty Image via NewsCred

Zachary Toliver | Shale Plays Media Through combined efforts, international oil and gas giants have aligned with representatives from major petroleum producing states to set up a strategy to reduce methane emissions. As a part of United Nations Secretary-General Ban Ki-moon’s design to tackle climate change, the Oil and Gas Methane Partnership launched Tuesday in-line with the largest-ever UN Climate ...

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