Southwestern Energy
Southwestern Energy Company is an independent energy firm focused on the exploration, development, and production of natural gas, oil, and natural gas liquids in the United States. The company operates primarily in two segments: Exploration and Production, which is its main revenue driver, and Marketing. Southwestern Energy emphasizes the development of unconventional natural gas reservoirs, particularly in Pennsylvania and West Virginia, holding significant acreage in Northeast and Southwest Appalachia. As of the end of 2019, the company reported substantial proved reserves, including over 12,721 billion cubic feet of natural gas equivalent and 929 billion cubic feet of proved undeveloped reserves. Additionally, it engages in marketing natural gas, oil, and natural gas liquids, catering to energy companies, utilities, and industrial buyers. Founded in 1929, Southwestern Energy is headquartered in Spring, Texas.
Indigo Minerals LLC was formed in late 2006, backed by the Martin Companies, Yorktown Partners and Indigo management. Indigo Minerals has since pursued a two pronged strategy of aggregating mineral interests and acquiring and developing operated working interest production. The minerals business is comprised of over 600,000 acres spread across 15 states with production from over 600 wells. The majority of the acreage is concentrated along the Gulf Coast in Louisiana, Alabama and Mississippi.
Montage Resources (formed through a combination of Eclipse Resources & Blue Ridge Mountain Resources) is a production company with approximately 218,000 net effective undeveloped acres currently focused on the Utica and Marcellus Shales of southeast Ohio, West Virginia and North Central Pennsylvania.
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