Southwestern Energy Company is an independent energy company engaged in natural gas and oil exploration, development, and production.
Southwestern Energy Company operates as a prominent independent energy firm, specializing in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs) across the United States. The company operates through two distinct segments: Exploration and Production, and Marketing. Its primary focus lies in developing unconventional natural gas and oil reservoirs situated in key regions such as Pennsylvania, West Virginia, Ohio, and Louisiana. As of December 31, 2021, Southwestern Energy held approximately 768,050 net acres in the prolific Appalachia region, boasting a substantial portfolio of 1,527 wells in production. The company's proved reserves of natural gas, oil, and NGLs totaled approximately 21,148 billion cubic feet of natural gas equivalent (Bcfe).
In addition to its exploration and production activities, Southwestern Energy is actively involved in the marketing and transportation of natural gas, oil, and NGLs. This comprehensive approach allows the company to cater to a diverse range of clients, including LNG exporters, energy companies, utilities, and industrial purchasers of natural gas. With a robust operational presence and a focus on leveraging advanced extraction technologies, Southwestern Energy continues to expand its footprint in the energy sector while maintaining a commitment to operational excellence and sustainability. Founded in 1929 and headquartered in Spring, Texas, Southwestern Energy Company remains at the forefront of innovation in the energy industry.