Tuesday, December 2, 2008

Southwestern Energy activity


According to Southwestern Energy spokeswoman Elise Mitchell, the company has not flipped leases in the Marcellus Shale. She also said, "Southwestern Energy does utilize the services of various leasing companies to acquire leases, and we have been actively leasing in the Marcellus Shale region."

According to Mitchell, Southwestern Energy has 110,000 net acres in Pennsylvania for natural gas development.

She added, "The company has drilled its first four wells on its acreage in Bradford and Susquehanna Counties, of which two have been tested, one is waiting on completion and the other, the company’s first horizontal well, is expected to be completed in the fourth quarter 2008."

About the long-term potential of the Marcellus Shale, Mitchell said, the shale, "
has the potential to be a viable play across a significant geographical area generating economic benefits for all parties involved including the state and local governments, communities, landowners and the energy industry."




Hearings available online

Video coverage of a Nov. 18 Senate Majority Policy Committee public hearing on the opportunities and challenges of developing the Marcellus Shale are available at, www.senatorbaker.com.