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Keyword: browndense

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  • Beebe unsure about severance tax support

    01/31/2012 1:15:14 PM PST · by Dysart · 4 replies
    The first time he was asked about a proposed increase in the severance tax on natural gas, Gov. Mike Beebe was lukewarm in his support. Last October, he said he probably would vote for it, but not campaign for it. His temperature on the idea is cooling — with good reason. The governor sees potential new natural gas exploration in southern Arkansas on the horizon and doesn't want to scare away investments that just as easily could go to other states. Arkansas' best interest is always on Beebe's mind. That has made him an even better governor than most people...
  • Southwestern Energy doesn't know how many Brown Dense wells will "tell the story"

    01/05/2012 5:39:52 PM PST · by Dysart · 8 replies
    Magnolia Reporter ^ | Mike McNeill
    Magnolia-area residents took a close look at Southwestern Energy's Fayetteville Shale operations in Faulkner County on Wednesday. *BREAK* The interest in SWN stems from the company's involvement with oil exploration in the Lower Smackover Brown Dense, a rock formation under South Arkansas and North Louisiana. Southwestern Energy has just begun drilling the second of a dozen test wells into the Brown Dense to learn if marketable amounts of oil can be produced. Southwestern Energy is the largest driller of natural gas wells in the Fayetteville Shale of North Central Arkansas. It plans to use the same rock fracturing and horizontal...