Southwestern Energy to Decrease Fayetteville Shale Spending

by Luke Jones  on Friday, Dec. 21, 2012 8:44 am  

A drilling rig in the Fayetteville Shale Play in central Arkansas.

Southwestern Energy Co. of Houston has stated it will spend less money on its Fayetteville Shale assets in 2013. The company plans to spend $830 million in the area next year, compared to a little more than $1 billion in 2012.

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