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

OGJ Newsletter

Nov 8, 2010

EnerVest to buy Talon's Barnett shale assets

Oct 27, 2010

EnerVest Ltd., Houston, and affiliated partnerships including EV Energy Partners LP have signed an agreement to buy oil and natural gas properties in the Barnett shale from Talon Oil & Gas LLC for $967 million.

Fruitland to Barnett to…

Oct 25, 2010 Have all of the large shale gas and oil fields in the US been found, as one chief executive officer claimed in mid-October?

WoodMac: Majors buying into shale gas plays

Oct 11, 2010 North American large caps and smaller exploration and production companies now dominate the largest and most economically attractive US shale plays, but the majors and large cap foreign firms are moving in through mergers and acquisitions, said Wood Mackenzie Ltd., Edinburgh, in its latest corporate analysis.

SERVICES | SUPPLIERS

Oct 4, 2010

Shale gas technology

Sep 27, 2010 Development of shale gas has changed the dynamics of gas markets in the US, and shales may also become a major source of gas in other parts of the world.

Sumitomo Corp. acquires more US shale gas acreage

Sep 13, 2010 Rex Energy Corp. entered into a joint venture agreement with Sumitomo Corp. subsidiary Summit Discovery Resources II LLC, to sell and transfer interests valued at $140.4 million in its Marcellus shale assets in Pennsylvania.

W. Australia to secure land for LNG hub

Sep 9, 2010

The government of Western Australia began the compulsory acquisition process to secure land at James Price Point about 60 km north of Broome as the site for the region’s proposed LNG hub.

SERVICES | SUPPLIERS

Sep 6, 2010

OGJ Newsletter

Aug 16, 2010 International News for oil and gas professionals

OGJ Newsletter

Aug 9, 2010 Internatinoal News for oil and gas professionals

Boost in Marcellus shale jobs, economy expected, study says

Aug 2, 2010 Development of Marcellus shale natural gas could create 280,000 jobs and add $6 billion of federal, state, and local tax revenues over the next decade, a new study commissioned by the American Petroleum Institute concluded.

OGJ Newsletter

Aug 2, 2010 International news for oil and gas professionals

Crosstex to expand Barnett gas pipeline capacity

Jul 27, 2010

Crosstex Energy LP and Crosstex Energy Inc. announced plans to expand the natural gas gathering system serving the Barnett shale play in North Texas by building a $25 million, 15-mile pipeline.

Shale gas changes N. American gas production projections

Jul 1, 2010 Estimates of ultimate gas recovery from shales have changed the outlook for gas production in the US and Canada.
Stay Connected