Arkansas Western Gas Company history

AWG drilled wells in White Oak Field, Franklin County, and by 1947, it owned and operated 10 wells that produced about 196 million cubic feet (MMcf) of natural gas a day.

At the war's end, a population boom started that by 1950 had nearly doubled the company's number of customers.

1954–80: Consolidation and Continued Expansion

In 1958, Pioneer acquired the Empire Southern Gas Company, again expanding its customer base.

Included in these was Trans State Tire Company, which Pioneer bought in 1969 and sold off a year and a half later.

1, 1979, the company reorganized as “Southwestern Energy Company” and continued its exploration of natural gas in Arkansas.

As part of a restructuring move, in 1981 Pioneer formed Energas Company, its natural gas distribution subsidiary, and two years later spun it off as an independent company, one that Pioneer's managers did not expect to survive on its own.

1983: Energas is spun off as an independent, publicly held gas distribution company.

In 1993, it purchased the Greeley Gas Company, then privately owned by the Schlessman family.

In July of 1997, Atmos reached a major milestone when it acquired its millionth customer.

In April 2000, it arranged to purchase two Louisiana natural gas LDCs (local distribution companies) from Citizens Utilities, paying approximately $375 million.

In December 2018, SWN sold its exploration, production and midstream assets in the Fayetteville for $1.865 billion.

As of December 31, 2020, the Company had nearly 800,000 net acres in the Appalachia Basin.