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

Aug 16, 2010 International News for oil and gas professionals

OGJ Newsletter

Aug 9, 2010 Internatinoal News for oil and gas professionals

OGJ Newsletter

Aug 2, 2010 International 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.

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.

OTC speakers highlight offshore industry's future

May 10, 2010 This report was reported and written by Bob Tippee, editor; Steven Poruban, senior editor; and Paula Dittrick, senior staff writer.

OTC: Davidson traces route from 'impossible' to 'reality'

May 4, 2010

With perseverance and technology, the oil and gas industry advances by turning ideas once deemed impossible into reality, Chuck Davidson, chairman and chief executive officer of Noble Energy Inc., told a luncheon audience May 4 at the Offshore Technology Conference.

Special Report: LNG Update: US gas market well-supplied: LNG or shale gas?

Mar 15, 2010 Expanding natural gas production from indigenous sources poses the most serious threat to imports of natural gas as LNG into North America, primarily the US.

Chesapeake cements position in six onshore US gas plays

Mar 1, 2010 The Texas Panhandle and Oklahoma Granite Wash plays are Chesapeake's highest and second highest rate-of-return plays due to high oil and natural gas liquids content.

Equipment/Software/Literature

Mar 1, 2010

Three-company group gets blocks off Uruguay

Feb 22, 2010 A three-company group has signed an agreement with Uruguay's state ANCAP, Montevideo, to explore two blocks on the Uruguayan continental shelf.

DRILLING MARKET FOCUS: Drillers cautiously optimistic about climbing oil prices

Feb 15, 2010 Drilling contractors expressed cautious optimism early this year upon strengthening oil prices while many exploration and drilling companies announced 2010 budgets calling for more exploration and development than in 2009.

OGJ Newsletter

Jan 25, 2010

Marcellus shale fight continues in New York

Jan 25, 2010 Chesapeake Energy Corp. has warned that new rules proposed by New York regulators over shale gas drilling already are unnecessarily onerous and may deprive New York of badly needed revenue by scaring off energy firms.
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