by - July 22, 2016 1:22 pm
As part of a “renewed” capital program, Southwestern Energy plans to reboot hiring and bring back employees laid off earlier this year – including a boost of activity in Arkansas’…
by - June 13, 2016 1:19 pm
BHP Billiton CEO Andrew Mackenzie said the company overpaid for its U.S. shale in Arkansas, Texas and Louisiana and revealed plans to cuts its capital budget even further by 70%…
by - May 18, 2016 2:05 pm
Oil and gas companies’ dependent on production and cash flow from already drilled but uncompleted wells will benefit from capital efficiency gains in 2016, but conversion of those wells won’t…
by - April 21, 2016 6:27 pm
Southwestern Energy Corp. losses in the first quarter topped a billion dollars as the Houston-based driller adjusted its operations to weather the current industry downturn that has halted the company’s…
by - March 8, 2016 8:39 am
BHP Billiton’s Fayetteville Shale operations posted a loss of $102 million in the second half of fiscal 2015 as the mining giant suspended its drilling operations and announced plans for…
by - February 29, 2016 3:42 pm
Shares in Southwestern Energy declined more than 9% in trading Monday following the company’s disappointing fourth quarter and yearly earnings results last week and a decision by the company’s new…
by - January 21, 2016 9:05 am
Southwestern Energy Co. said Thursday (Jan. 21) it is laying off around 1,100 workers companywide with 600 of those jobs to cut in Arkansas. The Texas driller’s Fayetteville Shale operations…
by - January 8, 2016 11:13 am
A top Wall Street analyst said Thursday that Southwestern Energy Inc.’s succession plan that swept oil industry veteran Bill Way into the company’s CEO chair was well executed, but warned…
by - December 23, 2015 5:23 pm
A week after Southwestern Energy Inc. announced plans to shut down in drilling operations in the Fayetteville Shale, Arkansas now has only one rig in operation as natural gas production…
by - July 22, 2015 10:47 am
Australia-based BHP Billiton on Tuesday (July 21) announced broad spending cuts that will see only $200 million spent in Arkansas’ Fayetteville Shale Play to maintain ongoing production at 45 natural…
by - June 15, 2015 5:32 pm
Arkansas’ rig count has fallen to its lowest level in more than a decade as drillers and oilfield equipment companies have cut back substantially on upstream oil and gas capital…
by - March 12, 2015 8:32 pm
Weak commodity prices are causing oil and gas producers and related oilfield and drilling specialty firms to revisit their earlier announced 2015 capital plans, including a growing number of companies…
by - February 24, 2015 6:13 pm
Australian mining giant BHP Billiton announced today that it has been unable to find a viable suitor for its Fayetteville Shale operations, and is no longer seeking to sell the…
by - January 22, 2015 11:03 am
BHP Billiton recently said it is still looking for a hasty exit from its unprofitable foray into Fayetteville Shale as declining natural gas prices continue to cast a dark cloud…
by - January 12, 2015 2:44 pm
Nearly three months after being put on the auction block, there is no word on the sale of BHP Billiton’s Fayetteville Shale assets as natural gas prices continue their downward…
by - November 30, 2014 9:36 pm
As the nation’s shale gas inventories touched an all-time high in 2013, Arkansas is now the fourth-largest shale gas producer in the U.S. behind only Texas, Louisiana and Pennsylvania, the…
by - October 28, 2014 7:47 pm
As BHP Billiton begins the difficult job of marketing its Fayetteville Shale assets, a top Wall Street analyst says prospective suitors will definitely have an advantage in negotiations with the…
by - October 1, 2014 7:46 pm
Gov. Mike Beebe thanked hundreds of Southwestern Energy Co. employees on Wednesday (Oct. 1) for not only boosting the state’s economic fortunes over the last decade, but for also investing…
by - July 10, 2014 10:13 am
Although no one is baking a cake or holding a big celebration, it has now been a full decade since Fayetteville Shale leader Southwestern Energy Corp. announced in 2004 that…
by - February 13, 2014 11:57 am
A relatively higher price and the continued production of natural gas from existing wells resulted in a record of $62.685 million in Arkansas’ gross natural gas severance tax revenue during…
