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) 12/09/2010 (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 11/10/2010   J(1) V 9,652 D $ 0 0 I By Harold M. Korell Grat; Harold M. Korell Trustee Common Stock 11/10/2010   J(1) V 9,652 A $ 0 1,427,436 D   Common Stock 11/10/2010   J(1) V 9,652 D $ 0 0 I By Pat M. Korell Grat; Harold M. Korell Trustee Common Stock 11/10/2010   J(1) V 9,652 A $ 0 1,437,088 D   Common Stock 12/09/2010(2)   A   2,350 A $ 0 1,439,438 D   Common Stock               80,696 I by 2009 Family Limited Partnership Common Stock               858,254 I By Family Limited Partnership

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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)

$ 36.22

12/09/2010(2)

A

4,550

12/09/2011(3)

12/09/2017

Common Stock

4,550

$ 0

4,550

D

Phantom Stock

(4)

(5)

(5)

Common Stock

51,996.456

51,996.456

D

Stock Options (Right to Buy)

$ 1.205

12/20/2002

12/20/2011

Common Stock

187,013

187,013

D

Stock Options (Right to Buy)

$ 1.435

12/11/2003

12/11/2012

Common Stock

690,192

690,192

D

Stock Options (Right to Buy)

$ 2.645

12/10/2004

12/10/2013

Common Stock

451,598

451,598

D

Stock Options (Right to Buy)

$ 6.225

12/09/2005

12/09/2011

Common Stock

277,776

277,776

D

Stock Options (Right to Buy)

$ 17.745

12/08/2006

12/08/2012

Common Stock

116,285

116,285

D

Stock Options (Right to Buy)

$ 20.335

12/11/2007

12/11/2013

Common Stock

117,083

117,083

D

Stock Options (Right to Buy)

$ 27.18

12/13/2008

12/13/2014

Common Stock

75,301

75,301

D

Stock Options (Right to Buy)

$ 30.68

12/11/2009

12/11/2015

Common Stock

93,790

93,790

D

Stock Options (Right to Buy)

$ 40.73

12/10/2010

12/10/2016

Common Stock

3,960

3,960

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		12/13/2010
**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 10, 2010, 9,652 shares of stock held in the Grantor Retained Annuity Trust ("GRAT") for the reporting person (the "HMK GRAT") and 9,652 shares of stock held in the GRAT account for his spouse "(the "PMK GRAT") were transferred out of the 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.
(2)	Restricted stock and nonqualified stock options granted in consideration of services as a director.
(3)	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.
(4)	Each share of phantom stock represents the right to receive the economic equivalent of one share of Southwestern Energy Company common stock.
(5)	Shares of phantom stock are payable in cash following termination of the reporting person's employment with Southwestern Energy Company. The reporting person may transfer his phantom stock account into an alternative investment account at any time.

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