Southwestern Energy Says Dry Weather May Slow Work
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Southwestern Energy Co., the largest natural-gas producer in the Fayetteville Shale of Arkansas, said development of the Marcellus Shale in Pennsylvania may be slowed if dry weather continues the next few months.
The dry weather means less water is available from the nearby streams for use in the process known as hydraulic fracturing, Steven Mueller, chief executive officer at Houston- based Southwestern, told investors today on a conference call.