Fayetteville

Fayetteville Exclusives

Southwestern To Exit Fayetteville Shale In $2 Billion Sale

The long-awaited sale of Southwestern’s Fayetteville Shale business is with Flywheel Energy, a private company backed by Kayne Private Energy Income Funds.

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Onshore push signals renewed confidence eight years after Macondo.

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BHP will sell its treasure chest of U.S. shale assets in two separate transactions, the largest of which is BP's $10.5 billion purchase of the company's Permian, Eagle Ford and Haynesville position.

Fayetteville Gross Acreage

CompanyNet Acreage
Southwestern Energy888,161
ExxonMobil/XTO Energy792,960
BHP Billiton487,000
All Top Acreage Holders