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Southwestern on track for more than 20% Appalachian growth
During Q3, Southwestern Energy drilled 22 wells, completed 23 and turned 35 to sales. Production from its Appalachian operations averaged 2.03 Bcfe/d (20% liquids), up 22% YOY. In southwestern Appalachia, Q3 volumes were 717 MMcfe/d (52% liquids), up 27% YOY. A total of 16 Marcellus wells averaging 6,994-ft laterals were turned to sales, including 14 in the super-rich area that averaged IP30s of 7.9 Mcfe/d (43% NGLs, 23% oil). Two notable wells averaged 30-day IPs of 13.4 MMcf/d (44% NGLs) each.......
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