BATON ROUGE, LA (September 29, 2023) - Today, the U.S. Department of Interior released the next Five-Year Plan for federal offshore oil and gas leasing. LOGA President Mike Moncla issued the following statement in response.
CEO Bill Way has shifted Southwestern Energy’s course from Fayetteville founder to dual-basin natural gas powerhouse. Now the LNG sector’s top supplier aims to establish itself as the leading natural gas company in the U.S. with decades of inventory in the Haynesville Shale and Appalachian Basin.
Southwestern Energy Co. said a combination of activity cuts, moderating inflation and operational efficiencies would cut its full-year capital spending by $200 million as it continues to navigate a volatile commodity landscape.
Recent severe weather has left several thousand of Caddo citizens without electrical power. Unfortunately, some residents cannot have their power restored until they have the electrical meter and/or weather box repaired. Also, some residents will have to remove downed trees off of power lines in order to have power restored. Some citizens cannot afford these repairs and Caddo is unlikely to receive FEMA assistance.
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