525 bopd and rising
Also heard that SWN was planning on recompleting the Roberson well at the higher portion of the the Brown Dense which is the same level the Garrett well was completed.
Can anyone confirm?
The rumor of a SWN pipe yard started out over 18 months ago as a rural deal on/near Hwy 82 between El Dorado and Magnolia. A few large land owners (100+acres) were asked about selling their land for use as a pipe yard during the leasing process. Sometime last fall the rumor surfaced that Magnolia and two other cities were courting SWN to locate near them. There was even a vague press reference out of Magnolia that an oil company was looking at property in their industrial park for a warehouse/pipe yard.
Conway, AR where the SWN office is located for their Fayetteville shale play, is not located in the center of the play but is the nearest city to meet their needs.
I figure SWN is just doing due diligence to be ready to move quickly if the brown dense is a go. It probably boils down to location, available space, available services, housing, transportation, etc. and which city offers the best deal.
Thanks for clarification.