Southwestern Energy has continued to cut costs in the Fayetteville through increased drilling efficiencies since entering the play five years ago.
Year IP Well Cost Lateral Length Time to Total Depth
2009 3.48 mmcf $2.9 million 4100 12
2008 2.77 mmcf $3.0 million 3619 14
Southwestern Energy reported 60 wells in the Fayetteville Shale with an initial production rate of more than 5.0 million cubic feet per day, and 6 wells that exceeded 6.0 million cubic feet per day. The highest reported initial production rate from a Fayetteville Shale well was the Arklan 09-11#4-32H which came in at 7.6 million million cubic feet per day.