Southwestern disappoints in Brown Dense

Japan's Naotake Hanyu reacts after missing a penalty shot against South Korea during their third-place play-off match in the Asian Football Cup 2007 tournament at the Jakabaring stadium in Palembang, 28 July 2007. South Korea defeated Japan in the penalty shoot out 6-5. AFP PHOTO/Jewel SAMAD

Disappointed: Southwestern hoping next Brown Dense wells will turn out better

US player Southwestern Energy reported disappointing results from its first well in the closely watched Lower Smackover/Brown Dense shale play, sending the company’s shares down.



Southwestern said in its fourth-quarter earnings report that it had completed its first well, the Roberson 18-19-1-15H, this month to a total depth of about 9369 feet with a 3600-foot horizontal in Columbia County, Arkansas.

“The lateral was landed in the lower third of this zone and subsequent core analysis indicated this section had some of the lowest permeability in the entire interval,” the company said.

The well, which has been producing from eight of 11 fracture stages, flowed 103 barrels of oil per day at its peak, as…

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