SOUTHWESTERN ENERGY ANNOUNCES COMPANY UPDATE AND GUIDANCE FOR 2015

... In 2015, Southwestern plans to drill approximately 80 wells in Susquehanna County, 14 wells in Bradford County, 4 wells in Lycoming County and 7 horizontal delineation wells on the company’s acreage in Wyoming, Sullivan and Tioga Counties. ...

http://www.swn.com/investors/Press_Releases/2014/CompanyUpdateand20...

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Replies to This Discussion

Permalink Reply by Ann Ticopa on December 30, 2014 at 2:17pm

SWN bought out Chesapeake's remaining TC holdings a year+ ago.  (Came in a bundle with the other northern tier properties.)  Don't know if it is deserved, but SWN has a reputation of being a low-cost producer who will develop less-than-prime areas.  

Permalink Reply by CA770N on December 31, 2014 at 1:49am

What is a horizontal delineation well?  Will have to check Landex for Tioga.  Haven't bothered for awhile.  Thanks for the info.

Permalink Reply by Ann Ticopa on December 31, 2014 at 3:11pm

I don't *know* the answer. But it looks like they're test wells, primarily to determine the horizontal extent of the (promising) shale deposit? (Vertical would be for thickness?)

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