Statement of Changes of Beneficial Ownership


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
                                                                                  
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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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

WILSON STANLEY T
2. Issuer Name and Ticker or Trading Symbol

SOUTHWESTERN ENERGY CO [ SWN ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Accounting Officer
(Last)          (First)          (Middle)

2350 N. SAM HOUSTON PARKWAY EAST, SUITE 300
3. Date of Earliest Transaction (MM/DD/YYYY)

6/16/2005
(Street)

HOUSTON, TX 77032
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   6/16/2005     M    2400   A $4.82   31068   (1) D    
Common Stock   6/16/2005     M    2313   A $5.73   33381   (1) D    
Common Stock   6/16/2005     M    987   A $10.57   34368   (1) D    
Common Stock   6/16/2005     S    5700   D $42.56   28668   (1) D    
Common Stock   6/16/2005     M    127   A $10.57   28795   (1) D    
Common Stock   6/16/2005     S    127   D $42.62   28668   (1) D    
Common Stock   6/16/2005     M    400   A $10.57   29068   (1) D    
Common Stock   6/16/2005     S    400   D $42.57   28668   (1) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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)   $4.82   (2) 6/16/2005           2400    12/20/2002   12/20/2011   Common Stock   2400   (2) $0   0   D    
Stock Options (Right to buy)   $5.73   (3) 6/16/2005           2313    12/11/2003   12/11/2012   Common Stock   2313   (3) $0   2313   D    
Stock Options (Right to buy)   $10.57   (4) 6/16/2005           987    12/10/2004   12/10/2013   Common Stock   987   (4) $0   3553   D    
Stock Options (Right to buy)   $10.57   (4) 6/16/2005           127    12/10/2004   12/10/2013   Common Stock   127   (4) $0   3426   D    
Stock Options (Right to buy)   $10.57   (4) 6/16/2005           400    12/10/2004   12/10/2013   Common Stock   400   (4) $0   3026   D    

Explanation of Responses:
( 1)  On May 20, 2005, the common stock of Southwestern Energy Company split 2-for-1, resulting in the reporting person's acquisition of 14,334 additional shares of common stock.
( 2)  This option was previously reported as covering 1,800 shares at an exercise price of $9.64, but was adjusted to reflect the stock split on May 20, 2005.
( 3)  This option was previously reported as covering 3,470 shares at an exercise price of $11.46 per share, but was adjusted to reflect the stock split on May 20, 2005.
( 4)  This option was previously reported as covering 2,270 shares at an exercise price of $21.14 per share, but was adjusted to reflect the stock split on May 20, 2005.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
WILSON STANLEY T
2350 N. SAM HOUSTON PARKWAY EAST
SUITE 300
HOUSTON, TX 77032


Chief Accounting Officer
Signatures
Melissa D. McCarty, Attorney-in-Fact 6/17/2005
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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End of Filing
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