Explorer plans to operate five rigs by the end of September Bloomberg Intelligence calls revised guidance ominous signal Southwestern Energy Co.’s revival of its dormant drilling program may be the beginning of the end for the U.S. natural gas rally. The explorer’s plan to operate five rigs by the end of September will unleash more supply from shale basins, threatening the recovery, according to Bloomberg Intelligence. Southwestern had halted drilling for the first half of the year as the company sought to strengthen its balance sheet, recently returning a single rig to northeast Appalachia. Close all those tabs. Open this email. Get Bloomberg’s daily newsletter. Politics The latest political news, analysis, charts, and dispatches from the campaign trail. You will now receive the Politics newsletter Markets Everything you need to know about what’s moving markets, in your inbox daily. You will now receive the Markets newsletter Pursuits The best […]