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

EPA drops Texas water contamination case against Range

Apr 3, 2012

The US Environmental Protection Agency has withdrawn an administrative order issued to Range Resources Corp. and Range Production Co. on Dec. 7, 2010, that alleged Range polluted two water wells west of Fort Worth.

Encana opens Shreveport LNG fleet station

Feb 28, 2012

Encana Natural Gas Inc. has opened Louisiana’s first liquefied natural gas fueling station at Frierson along Interstate 49 about 15 miles south of Shreveport.

Shales not yet a big factor in New Mexico gas

Feb 9, 2012

New Mexico remains an important gas producing state, but shale gas exploration and production have been minimal, says an article by the New Mexico Bureau of Geology and Mineral Resources at New Mexico Tech in Socorro.

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Jan 30, 2012

Encana to sell Barnett shale gas assets for $975 million

Nov 3, 2011

Encana Corp. unit Encana Oil & Gas (USA) agreed to sell its Barnett shale natural gas assets in the Fort Worth basin to various partnerships managed by EnerVest Ltd. for $975 million as part of Encana’s previously announced plans to divest up to $2 billion in noncore assets by yearend.

Thick shale gas play emerging in Spain's Basque area

Oct 25, 2011

Analysis of drilling and test data from 14 wells drilled since the 1950s has indicated the presence of a world class shale gas play in the Basque Country of northern Spain.

Targa to build Barnett shale natural gas processing plant

Oct 20, 2011

Targa Resources Partners LP, Houston, has ordered a 200 MMcfd cryogenic natural gas processing plant for its North Texas System to meet increasing gas production from liquids-rich areas of the Barnett shale. Targa expects the processing plant, sited in Wise County, Tex., to begin operations mid-2013, subject to regulatory approvals.

Kinder Morgan to acquire El Paso in $38 billion deal

Oct 17, 2011

Kinder Morgan Inc. reported it will acquire all outstanding shares of El Paso Corp. in a transaction creating the largest midstream and the fourth-largest energy company in North America, with an enterprise value of $94 billion and 80,000 miles of pipelines, the companies said. The total purchase price, including assumption of debt outstanding at El Paso and debt outstanding at El Paso Pipeline Partners LP (EPB), is $38 billion.

Enterprise, Enbridge, Anadarko plan Texas Express NGL pipeline

Sep 6, 2011

Enterprise Products Partners LP, Enbridge Energy Partners LP, and Anadarko Petroleum Corp. have agreed to design and build an 850-mile natural gas liquids pipeline that extends from Skellytown, Tex., to fractionation and storage facilities in Mont Belvieu, Tex.

Encana to divest Barnett shale properties

Aug 25, 2011

Encana Corp.’s US subsidiary will divest its Fort Worth basin Barnett shale producing and midstream assets by early 2012.

Realm Energy names exploration vice-president

Jul 13, 2011

Realm Energy International Corp., White Rock, BC, named Lindell C. Bridges as vice-president, exploration.

Oneok to build NGL pipeline, fractionator

May 3, 2011

Oneok Partners LP, Tulsa, will invest between $910 million and $1.2 billion to build out its NGL infrastructure along the Texas Gulf Coast.

Chesapeake to buy Bronco Drilling in $315 million deal

Apr 15, 2011

Oklahoma City independent Chesapeake Energy Corp. has entered into a definitive agreement with Bronco Drilling Co. Inc. to acquire the Edmond, Okla.-based drilling contractor in a deal worth $315 million, including debt, net working capital, and outstanding warrants.

Crosstex completes Texas gas, Louisiana NGL expansions

Apr 7, 2011

Crosstex Energy LP has completed two expansion projects on its natural gas gathering system in the Barnett shale in North Texas. Crosstex also reactivated its Eunice natural gas liquids fractionator in south-central Louisiana.

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