Shale Energy: Fayetteville remaining potential awaits higher prices ///
Over the last several years, it’s been a rollercoaster existence for the Fayetteville, the second-longest producing shale play in the U.S., exceeded only by the Barnett in North Texas. Since May 2001, there has been natural gas production from the Fayetteville, although drilling did not begin in earnest until 2002 and 2003. At that time, Southwestern Energy and its subsidiary, SEECO, Inc., researched the characteristics of this play and found that they could successfully apply horizontal drilling and hydraulic fracturing practices that were working so well in the Barnett.
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