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

Texas tall tale provides metaphor for oil industry: a bouncing target

Jan 5, 2009 There’s a Texas tall tale about legendary cowboy Pecos Bill who succumbed to his new bride’s pleas to ride his wild mustang, Widowmaker—a one-man steed previously ridden only by Bill.

US gives gas extra attention as output grows from shales

Jan 5, 2009 US natural gas, particularly shale gas, will receive increasing attention in 2009 because crude oil is becoming increasingly difficult and expensive to find and produce.

US shale gas surge stimulating< construction of processing plants

Jan 5, 2009 Rising production of natural gas will stimulate construction of gas processing plants in the US this year.

UNCONVENTIONAL GAS TECHNOLOGY—2: Custom technology makes shale resources profitable

Dec 24, 2007 Low permeability shales are unconventional gas reservoirs that are being more efficiently exploited with newly developed production technologies.

SPECIAL REPORT: Oil, gas reserves inch up, production steady in 2007

Dec 24, 2007 Worldwide oil and gas reserves grew marginally from a year ago, and oil production declined slightly during 2007, according to Oil & Gas Journal’s annual survey.

PERSONNEL MOVES AND PROMOTIONS: Pioneer makes several executive appointments

Dec 3, 2007 Pioneer Natural Resources Co., Dallas, announced three executive appointments related to continued expansion of its operations in the US, South Africa, and Tunisia.

UNCONVENTIONAL GAS-Conclusion: Outlook sees resource growth during next decade

Nov 19, 2007 Modeling and analyses indicate that as long as natural gas prices do not fall dramatically unconventional gas production will continue to expand, particularly as investment in improved recovery technology continues and as new plays and prospects are developed.

US gas reserves climb as oil declines again

Nov 19, 2007 US proved reserves of gas were up 3.3% in 2006 compared with 2005, natural gas liquids reserves were up 3.8%, and crude oil reserves fell 3.6%, the Energy Information Administration reported.

SPECIAL REPORT: Project numbers up in pipeline, US gas processing categories

Nov 19, 2007 Oil & Gas Journal’s semiannual Worldwide Construction Update shows a slight increase in the number of planned pipeline projects as well as new and expanded gas processing plants in the US compared to the previous edition of the update.

Area Drilling

Oct 15, 2007

UNCONVENTIONAL GAS-4: Technology, efficiencies keys to resource expansion

Oct 1, 2007 At the core of every successful unconventional gas play are two common themes: the continuous search for improvements in technology and the relentless pursuit of cost and operating efficiencies.

SEG: Geophysics role large in unconventionals

Oct 1, 2007 Geophysical methods will have important applications in commercializing unconventional oil and gas resources, a panel of geoscientists told the opening session of the Society of Exploration Geophysicists annual meeting Sept. 24 in San Antonio.

Gas shut in due to low prices

Sep 17, 2007 Natural gas futures prices temporarily strengthened Sept. 4-5 on news that Chesapeake Energy Corp. of Oklahoma City, the largest independent gas producer in the US, is reducing its gross production by 200 MMcfd through a combination of production curtailments and deferred pipeline hook-ups for the rest of 2007 due to poor market conditions.

Triangle Petroleum, Kerogen Resources drilling Arkansas’ Fayetteville shale gas

Sep 17, 2007 Calgary’s Triangle Petroleum Corp. and Houston’s Kerogen Resources Inc. have begun drilling Arkansas’ Fayetteville shale.

UNCONVENTIONAL GAS-2: Resource potential estimates likely to change

Sep 17, 2007 Understanding of the unconventional-gas resource base has improved in the past decade, but many unknowns remain.
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