Building a Destiny

Last week, I had the pleasure of listening to a lecture on the Fayetteville Shale by one of Southwestern Energy's Geologist, John Jeffers.  Southwestern Energy Company is an independent nature gas/oil exploration, development, and production company headquartered in Houston, TX.  Southwestern Energy Company focuses on unconventional gas reservoirs.  One of their main plays is on the Arkansas side of the Arkoma Basin known as the Fayetteville Shale play.  The company also has exploration and production activities in Texas, Pennsylvania, and Oklahoma. 

John's lecture on the Fayetteville Shale play showed how the discovery and development of the Fayetteville Shale play launched the company into a rapid increase in growth.  The company's stock increase over the past decade was comparable to apple's.  From the lecture and previous information about Southwestern, I could see that this company has a great future and a good formula to go with it.

The Right People doing The Right Things wisely investing the cash flow from the underlying Assets will create value +

Southwestern Energy Company, as of December 31, 2010, had spud 2,445 wells in the Fayetteville since 2004, and has leased thousands of acres for future horizontal wells in the area.  In 2010, the company produced a net of 350.2 Bcf from the play.  To learn more about the company and its involvement in the Fayetteville Shale follow the link: SWN Fayetteville Shale.  Below is a map of the Fayetteville Shale fairway.

As a young petroleum geologist, this had my mind turning like a "gold rush".  I look forward to working on projects and finding new discoveries in the petroleum industry.  It would have been an amazing feat to be one of the main geologist who helped build the destiny for this company.