Arkoma Basin

A generation rig owned by SWN Drilling Services is put to work in a patch of the Fayetteville Shale field, in northern Faulkner County southwest of Damascus in 2014.

Drilling Industry Waits for Bust to Clear

Three years after natural gas prices plunged to their lowest point since 1998 — one-sixth the price seen in 2005 — the gas market remains depressed, drilling is dormant, and oil production is flat in the traditional crude belt of south Arkansas. read more >

by Kyle Massey - March 18, 2019, 12:00am

Energy

Hanna Still Believes in Arkoma Basin’s Future

Hanna Oil & Gas Co. of Fort Smith has been drilling gas wells in the Arkoma Basin for two generations covering more than 50 years. President Bill Hanna, son of founder Jim Hanna, is confident the basin will be around and still producing for the next generation of Hannas. That has already started as Bill’s oldest son, Griffin, started work in the field for the company after graduating with a finance degree from the University of Denver. read more >

by Marty Cook - September 15, 2014, 12:00am