Barnett Shale

Barnett Shale Description Image

The Barnett shale in north-central Texas lies in the Fort Worth Basin. Discovered in the 1950s, the Barnett was not commercially viable until the 1980s. Some geologists believe the formation could hold 30 trillion cubic feet of natural gas. A significant part of the drilling has occurred in the Fort Worth metro area, and Chesapeake Energy actually secured rights to drill beneath the Dallas-Fort Worth International Airport.

Drilling in the Barnett shale intensified in the past decade as modern horizontal drilling and hydraulic fracturing techniques were perfected for drilling in shale. Devon Energy, Chesapeake Energy, XTO Energy, and EOG Resources are among the larger players in the Barnett shale. Two years ago, 70% of all US gas shale production came from the Barnett, but that percentage of the total has been declining as production has risen in other plays.

Barnett Shale Map

Barnett Shale News

Western Australia, Browse JV agree on gas supply plan

Jul 13, 2015

The Western Australian government and the Woodside Petroleum Ltd.-led Browse joint venture have finally come to an agreement over the supply of gas from the Browse gas fields for the domestic market.

Texas Legislature, Gov. Abbott limit municipal control over fracturing

Jun 12, 2015

Texas Gov. Greg Abbott has signed a bill to prevent municipalities from banning hydraulic fracturing in a move that was expected after the city of Denton last year approved a referendum to prohibit fracturing within Denton city limits.

Quicksilver Resources, others file for Chapter 11 bankruptcy protection

Jun 11, 2015

Quicksilver Resources Inc., Fort Worth, Tex., filed for Chapter 11 bankruptcy protection in Delaware, becoming at least the third unconventional producer to seek reorganization during the ongoing oil-price downturn.

Texas governor signs bill to halt cities from banning fracturing

May 18, 2015

Texas Gov. Greg Abbott signed a bill to prevent municipalities from banning hydraulic fracturing in a move that was expected after the city of Denton last year approved a referendum to prohibit fracturing in its city limits.

EIA: Eagle Ford’s Eagleville oil field largest in US

Apr 24, 2015

The Eagleville oil field in South Texas, discovered only in 2009, is the largest in the US, according to a supplement to a report from the US Energy Information Administration called “US Crude Oil and Natural Gas Proved Reserves, 2013.”

Seismic activity linked to injection wells may vary by region

Mar 31, 2015

The US portion of the Williston basin produced fewer earthquakes caused by wastewater injection than basins in Texas, University of Texas at Austin researchers found.

Quicksilver files for bankruptcy protection, plans to continue operations

Mar 18, 2015

Quicksilver Resources Inc., Ft. Worth, and its US subsidiaries have filed for Chapter 11 bankruptcy protection in Delaware amid the industry-wide fallout from depressed crude oil prices. Operations across the company’s subsidiaries are expected to continue through the Chapter 11 process.

International shale skepticism

Mar 2, 2015

For nearly 2 decades, North America-the US and Canada-has seen an increase of natural gas and oil reserves through application of new technology in unconventional plays.

BHI: US rig count continues 11-week dive, loses 98 more units

Feb 13, 2015

The US drilling rig count plunged 98 units to settle at 1,358 rigs working during the week ended Feb. 13, Baker Hughes Inc. reported.

Fracturing becoming a common municipal ballot item

Feb 10, 2015

Various municipalities, including Denton, Tex., have banned or sought to ban hydraulic fracturing through ballot issues while some states such as New York have imposed moratoriums, citing environmental issues or health concerns.

BHI: Texas anchors 90-unit plunge in US rig count

Jan 30, 2015

The US drilling rig count plunged 90 units—a majority of which were in Texas—to settle at 1,543 rigs working during the week ended Jan. 30, Baker Hughes Inc. reported.

BHI: North Dakota, Williston spur continued decline in US rig count

Dec 19, 2014

The US drilling rig count dropped 18 units to settle at 1,875 rigs working during the week ended Dec. 19, pushed down by losses in North Dakota and the Williston basin, Baker Hughes Inc. reported. That total, however, was trumped by the 40-unit drop in neighboring Canada.

Barnett Briefs

Dec 12, 2014

New well-productivity data provide US shale potential insights

Nov 3, 2014

The US has 13 shale plays with major oil and gas resources. Two of them-Bakken and Eagle Ford-account for about 75% of the country's shale oil output

Williams Partners, Access Midstream Partners to merge

Oct 27, 2014

Williams Partners LP and Access Midstream Partners LP, both owned by Williams Cos., Tulsa, have agreed to merge. Williams in June purchased the remaining 50% general partner interest that it didn’t previously hold in Access Midstream, giving way to the merger proposal.

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