FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * KORELL HAROLD M   2. Issuer Name and Ticker or Trading Symbol SOUTHWESTERN ENERGY CO [SWN] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) SUITE 125, 2350 N. SAM HOUSTON PARKWAY EAST 3. Date of Earliest Transaction (Month/Day/Year) 12/08/2011 (Street) HOUSTON, TX 77032 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 11/08/2011   J(1) V 9,727 D $ 0 70,969 I by 2009 Family Limited Partnership (Ityme) Common Stock 11/08/2011   J(1) V 9,727 A $ 0 9,727 I By Harold M. Korell Grat; Harold M. Korell Trustee Common Stock 11/08/2011   J(1) V 9,727 D $ 0 61,242 I by 2009 Family Limited Partnership (Ityme) Common Stock 11/08/2011   J(1) V 9,727 A $ 0 9,727 I By Pat M. Korell Grat; Harold M. Korell Trustee Common Stock 11/09/2011   J(2) V 516,920 D $ 0 211,600 D   Common Stock 11/09/2011   J(2) V 516,920 A $ 0 1,355,614 I by 2011 Family Limited Partnership (Peacetyme) Common Stock 11/11/2011   J(3) V 9,727 D $ 0 0 I By Harold M. Korell Grat; Harold M. Korell Trustee Common Stock 11/11/2011   J(3) V 9,727 A $ 0 221,327 D   Common Stock 11/11/2011   J(3) V 9,727 D $ 0 0 I By Pat M. Korell Grat; Harold M. Korell Trustee Common Stock 11/11/2011   J(3) V 9,727 A $ 0 231,054 D   Common Stock 12/05/2011   J(4) V 516,920 D $ 0 838,694 I by 2011 Family Limited Partnership (Peacetyme) Common Stock 12/05/2011   J(4) V 516,920 A $ 0 516,920 I by 2011 Family Limited Partnership (Keepsake) Common Stock 12/08/2011   A(5)   2,210 A $ 0 233,264 D   Common Stock               834,654 I By Family Limited Partnership

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock Options (Right to Buy)

$ 36.87

12/08/2011(5)

A

4,450

12/08/2012(6)

12/08/2018

Common Stock

4,450

$ 0

4,450

D

Stock Options (Right to Buy)

$ 1.435

12/11/2003

12/11/2012

Common Stock

690,192

690,192

I

By 2011 Family Limited Partnership (Peacetyme)

Stock Options (Right to Buy)

$ 2.645

12/10/2004

12/10/2013

Common Stock

451,598

451,598

I

by 2011 Family Limited Partnership (Peacetyme)

Stock Options (Right to Buy)

$ 17.745

12/08/2006

12/08/2012

Common Stock

116,285

116,285

I

by 2011 Family Limited Partnership (Peacetyme)

Stock Options (Right to Buy)

$ 20.335

12/11/2007

12/11/2013

Common Stock

117,083

117,083

I

by 2011 Family Limited Partnership (Peacetyme)

Stock Options (Right to Buy)

$ 27.18

12/13/2008

12/13/2014

Common Stock

75,301

75,301

I

by 2011 Family Limited Partnership (Peacetyme)

Stock Options (Right to Buy)

$ 30.68

12/11/2009

12/11/2015

Common Stock

93,790

93,790

I

by 2011 Family Limited Partnership (Peacetyme)

Stock Options (Right to Buy)

$ 40.73

12/10/2010

12/10/2016

Common Stock

3,960

3,960

I

by 2011 Family Limited Partnership (Peacetyme)

Stock Options (Right to Buy)

$ 36.22

12/09/2011

12/09/2017

Common Stock

4,550

4,550

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
KORELL HAROLD M SUITE 125 2350 N. SAM HOUSTON PARKWAY EAST HOUSTON, TX 77032	X

Signatures

/s/ Melissa D. McCarty, Attorney-in-Fact for Mr. Korell		12/12/2011
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	On November 8, 2011, 19,454 shares of stock were transferred out of the Family Limited Partnership ("FLP") into individual Grantor Retained Annuity Trust ("GRAT") accounts for the reporting person (the "HMK GRAT") and his wife (the "PMK GRAT"). Each of the individual GRAT account contains 9,727 shares of stock. The reporting person is the Trustee for the GRAT accounts, and has indirect beneficial ownership of the stock.
(2)	On November 9, 2011, the reporting person transferred 516,920 shares of Southwestern Energy Company stock into a Family Limited Partnership (the "2011 FLP Peacetyme"). The reporting person controls the general partner of the 2011 FLP Peacetyme and therefore, has indirect beneficial ownership of the transferred shares.
(3)	On November 11, 2011, 9,272 shares of stock held in the Grantor Retained Annuity Trust ("GRAT") for the reporting person (the "HMK GRAT") and 9,727 shares of stock held in the GRAT account for his spouse (the "PMK GRAT") were transferred out of the respective GRAT accounts and registered in the name of the reporting person and his spouse. Therefore, the reporting person now has direct beneficial ownership of the stock.
(4)	On December 5, 2011, the reporting person transferred 516,920 shares of Southwestern Energy Company stock into a Family Limited Partnership (the "2011 FLP Keepsake"). The reporting person controls the general partner of the 2011 FLP Keepsake and therefore, has indirect beneficial ownership of the transferred shares.
(5)	Restricted stock and nonqualified stock options granted in consideration of services as a director.
(6)	Nonqualified stock options become exercisable in three equal installments beginning on the first anniversary of the grant date specified in Column 3 or immediately upon death, disability, retirement at age 65, or a change in control.

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