Fayetteville Exclusives

Though drilling activity has held up in dry gas basins such as the Barnett, Fayetteville and Haynesville, rig rates are following the price cuts in oil-dominated markets.

Marcellus, Southwestern Energy, Pennsylvania, Howard Midstream, Fayetteville, A&D, M&A, divestiture, sell, assets, chesapeake energy, WPX, Statoil, Appalachia

After spending more than $5 billion in the Marcellus and buying assets from Statoil and WPX, the company plans to divest up to $800 million to overcome a cash flow gap.

Pioneer puts proceeds from a Barnett sale to work in the Spraberry/Wolfcamp.

Fayetteville Gross Acreage

Company Net Acreage
Southwestern Energy 914,000
ExxonMobil 505,000
BHP Billiton 467,000
BP 162,333
All Top Acreage Holders