SWN Profile
Southwestern Energy Company, based in Spring, Texas, operates as an independent energy firm specializing in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs) across the United States. Founded in 1929, the company operates through two primary segments: Exploration and Production, and Marketing. Its strategic focus lies in unlocking the potential of unconventional natural gas and oil reservoirs situated in key regions including Pennsylvania, West Virginia, Ohio, and Louisiana.
As of December 31, 2021, Southwestern Energy Company managed approximately 768,050 net acres in the prolific Appalachian region, with a robust portfolio comprising 1,527 active wells producing natural gas, oil, and NGLs. The company boasts proven reserves totaling 21,148 billion cubic feet of natural gas equivalent (Bcfe), highlighting its substantial resource base and operational capabilities in the energy sector.
In addition to exploration and production activities, Southwestern Energy Company plays a pivotal role in the marketing and transportation of natural gas, oil, and NGLs. It serves a diverse client base including LNG exporters, energy firms, utilities, and industrial consumers of natural gas, facilitating the efficient distribution and utilization of energy resources across domestic and international markets.
Driven by a legacy of innovation and commitment to sustainable energy practices, Southwestern Energy Company continues to expand its operational footprint and leverage advanced technologies to maximize resource extraction efficiency. With a strong emphasis on operational excellence and environmental stewardship, the company remains dedicated to delivering value to stakeholders while contributing to the global energy landscape.
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