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southwestern energy

Southwestern Energy chief executive Steven Mueller at a drilling rig near Wonderview, Ark. (Stephen Thornton/The New York Times)

Southwestern Energy sells Pennsylvania pipelines for $500 million

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Natural gas producer Southwestern Energy will sell its gathering assets in Pennsylvania for $500 million, the company announced Thursday morning.
Southwestern Energy chief executive Steven Mueller at a drilling rig near Wonderview, Ark. (Stephen Thornton/The New York Times)

Southwestern — unlike peers — plans to boost 2015 spending

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Firms like Continental Resources, Apache Corp., ConocoPhillips and Marathon Oil have all announced big cuts this winter to their planned capital expenditures.
Gas drilling sites in Arkansas for Southwestern Energy.
(photo: Southwestern Energy)

U.S. has enough shale gas for petrochemical expansions

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Gas prices collapsed two years ago had have remained low since, prompting some drillers to turn their focus to more lucrative regions rich in oil and other liquids.
Gas drilling sites in Arkansas for Southwestern Energy.
(photo: Southwestern Energy)

Southwestern Energy to pay $300M for gas-rich land in Pennsylvania

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Southwestern Energy Co. is planning to pay $300 million for thousands of acres in a natural gas-rich region of Pennsylvania, little more than six weeks after its multibillion-dollar purchase of gas land nearby.
A drilling rig in the Utica Shale. (Chesapeake)

Chesapeake files SEC papers to get IPO filing fee back

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A unit of Chesapeake Energy on Friday filed regulatory papers to cancel its $862.6 million public offering — because it had already made its Wall Street debut under another name.
(Photo: freegreatpicture.com)

Porter Hedges expands energy practice to Oklahoma

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Houston’s Porter Hedges opened an office in Oklahoma City and added four energy lawyers in the law firm’s first expansion outside of Texas.
Chesapeake CEO Robert "Doug" Lawler speaks at the IHS CERAWeek energy conference in Houston on March 4, 2014. (Mayra Beltran/Houston Chronicle)

Southwestern Energy cuts $5.4 billion deal for Chesapeake gas land

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Houston’s Southwestern Energy Co. is planning to drop $5.4 billion on gas-rich land in West Virginia and Pennsylvania in one of the biggest recent deals for acreage in a region buffeted by pressure on gas prices.
Scott Sheffield, chairman and CEO of Pioneer Natural Resources, speaks in Midland, Texas. (Tim Fischer\Reporter-Telegram)

Pioneer CEO: US oil production could hit 14 million barrels/day

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Technological improvements will allow energy companies to scrape more crude out of the ground and drive U.S. oil production higher, even as producers seek new overseas markets for the fossil fuels, executives said Wednesday. Pioneer Natural Resources CEO Scott Sheffield predicted U.S. oil production could hit 14 million barrels per day, well above the 9.5 million barrel mark projected by government forecasters.
William Epling, a chemical and biomolecular engineering professor at the University of Houston and president of the Greater Houston Natural Gas Vehicle Association, in a UH laboratory. (Photo:  Thomas Campbell-University of Houston)

Houston group seeks to put US on the road to natural gas

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Natural gas companies are trying to get more people using their fuel in cars and trucks, and the University of Houston is helping them out.
Construction of the Springwoods Village development covers about half of the 2,000 acres that will be the Woodlands-area master planning community anchored by Exxon Mobil. (CDC Houston)

Homes building up around new Exxon Mobil campus (photos)

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Some 4,500 construction workers show up each day to help build the highly anticipated Springwoods Village, a 2,000-acre work-live-and-shop enclave just south of The Woodlands to be anchored by the new Exxon Mobil campus.