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

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.

Texas earthquakes prompt regulators to take action

Oct 21, 2014

A series of unusual earthquakes in North Texas is prompting state regulators to look closely at a potential link between seismic activity and wastewater injection wells.

Dallas-Ft. Worth area presents lessons in enduring economic growth for shale regions

Oct 16, 2014

The birthplace of the shale revolution-the Barnett shale in North Texas-may well hold the key to enduring economic success for communities experiencing the newfound growth associated with unconventional resource development across the US.

Pioneer exits Barnett, to focus on Permian

Oct 16, 2014

Pioneer Natural Resources Co., Irving, Tex., has agreed to sell all of its Barnett shale assets in North Texas to an undisclosed private company for $155 million.

Denton fracing ban heads for Nov. ballot

Oct 16, 2014

The city council of Denton, Tex., has rejected a petition for a hydraulic fracturing ban, sending the proposal to a public ballot in November.

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