Southwestern Energy Co. recently increased its foothold on natural gas in the Lower 48 with a $1.85 billion acquisition of GEP Haynesville LLC, according to Natural Gas Intelligence.

The acquisition will boost Southwestern Haynesville’s output by 700 MMcf/d, giving it a total estimated output of 4.7 Bcfe/d. The deal will also expand the company’s exposure to the Gulf Coast.

“This strategic move positions Southwestern as the largest producer in the Haynesville and enhances our leading presence in the top two premier natural gas basins in the U.S.,” CEO Bill Way said. “The company’s increased scale, from both a reserves and production perspective, is expected to deliver higher margins, enhanced economic returns and improved per-share cash flow metrics.”

Learn more: Natural Gas Intelligence > Southwestern Expanding Gulf Coast LNG Export Arsenal with GEP Haynesville Deal