Fruitland to Barnett to…

Alan PetzetChief Editor-ExplorationHave all of the large shale gas and oil fields in the US been found, as one chief executive officer claimed in mid-October?It's partly a matter of definition, but it's also probably not the case, said J. Larry Nichols, executive chairman and a cofounder of Devon Energy Corp., Oklahoma City."Maybe in terms of large plays like the Barnett, Marcellus, or Fayetteville shale that cover half a state, but undoubtedly there are a lot of other shale formations that are prospective both for gas and oil that we may not have realized yet," Nichols said.Nichols looks back 20 years to when Devon and others unlocked Fruitland coalbed methane in the San Juan b...

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