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

Chesapeake unconventional gas stake deep

Mar 2, 2009 Chesapeake Energy Corp., Oklahoma City, reported an 11% increase in proved reserves to 12.1 tcf of gas equivalent in 2008 and detailed the depth of the company’s commitment to US unconventional gas.

Global LNG supply on rise; project costs falling

Feb 23, 2009 Global LNG supply by 2013 will jump as nearly 100 million tonnes/year (tpy) of liquefaction projects currently near start-up or under construction come on line.

Total signs agreement on Libyan blocks

Feb 23, 2009 Total SA will convert its petroleum agreements with Libya’s National Oil Corp.

National, local, and back

Feb 9, 2009 US President Barack H. Obama’s affect on the country’s oil and gas pipeline industry is still in the earliest stages of being defined.

Equation aids early estimation of gas field production potential

Feb 9, 2009 Natural gas is the world’s fastest growing fossil energy source, contributing 287 bcfd or roughly 50 million b/d of oil equivalent oil.

OGJ Newsletter

Feb 2, 2009

OGJ Newsletter

Jan 26, 2009

Unconventional resources to keep pivotal supply role

Jan 26, 2009 For the past several years, leading major oil companies and independent producers have believed unconventional resources to be key elements of future energy supply.

Woodford well perforated, stimulated without wellbore intervention

Jan 12, 2009 Modules placed in the production casing string eliminated the need for wellbore intervention for completing a Woodford shale horizontal well.

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.

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.

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.
Stay Connected