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slightly from month-to-month as the
record data is refreshed.
“Most carriers use the PSP report
to ensure that drivers accurately report
information on their applications and
do not omit places of employment or
crashes,” said FMCSA. Information pro-
vided through the PSP is comprised of
five years of crash data and three years
of inspection data on the driver, to
assist in determining if a driver appli-
cant should be hired.
soUthWEstErN ENErgy’s
fayEttEvillE shalE
iNvEstMENt stEady iN 2014
Houston-based Southwestern
Energy Co. announced its capital invest-
ment for 2014 will be $2.3 billion,
which includes a $900 million invest-
ment in Fayetteville Shale Play and
$178 million in southern Arkansas and
northern Louisiana’s Lower Smackover
Brown Dense formation.
The company had 411 gross operat-
ing wells in the shale in 2013 and 326
net operating wells. Next year, those
numbers are projected to be 460-470
and 320-330.
Wells in the Brown Dense are
expected to increase from six to 14.
“2014 is going to be a good year
for Southwestern Energy,” CEO Steve
Mueller said in the release. “In the Tractor-trailer financing for
Fayetteville Shale, our well performance Arkansas transportation companies
continues to improve, evidenced by a
well we recently placed on production at
over 12 MMcf per day.” Wells Fargo Equipment Finance offers:
In November, Southwestern report- • Term loans and a variety of lease options
ed drilling its “best well to date” in
the Brown Dense, a formation cover- • Trailers available for lease directly from
Wells Fargo
ing southern Arkansas and northern • Competitive rates and structures
Louisiana. The formation ranges in
depths from 8,000 to 11,000 feet. • Attentive, professional service
Only now has new technology enabled
companies to reach oil locked deep in
the formation, and the energy industry Ready to learn more? Call or email today.
thinks the Brown Dense could provide Dave Modde • 1-800-670-0408 ext. 18 • david.p.modde@wellsfargo.com
another oil boom in the region.
While no company has seen suc-
cess on the Arkansas side of the Brown
Dense, Southwestern has reported prog- wellsfargo.com/trucks
ress on wells in Louisiana. © 2012 Wells Fargo Equipment Finance, Inc. All applications
subject to credit approval. All rights reserved. MC-4044
arkaNsas TruckiNg reporT | issue 6 2013 MC-4044_WFEFI_AK trucking association ad.indd 1 4/18/12 12:30 PM 19

