Southern Energy Corp Reports Positive Gwinville Well Results

Southern Energy Corp has announced successful initial results from its recent horizontal well completion at the Gwinville Field in Mississippi. The GH LSC 13-13 #2 wellbore, completed in June 2025, achieved an average production rate of 3.6 MMcfe/d, a significant improvement over previous wells in the area.

This increased output is attributed to Southern's strategic design changes, including a 70% rise in proppant intensity. These adjustments reduced completion expenses to $2.2 million, under budget by over 10%. The firm predicts future Gwinville wells will cost around $4 million, a 20% decrease from initial estimates.

Southern's President, Ian Atkinson, noted that the results bolster their redevelopment plans for Gwinville, especially with expectations of improved natural gas prices. The company will monitor market conditions before deciding on the completion of two additional drilled but uncompleted wells.