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 Barnett Shale

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updated Sun. November 17, 2019

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Yet, there is much more to be done in order to improve the inventory, such as using multiple measurement approaches to better understand emission sources, such as the high emissions resulting from sites with abnormal process conditions, as seen in our work in the Barnett Shale region of Texas, the ...
EnerVest Operating would continue to operate assets for EVEP in the San Juan Basin, Appalachian Basin and those in Michigan and Texas, including wells in the Barnett Shale and Permian Basin. Rex Energy Corp.has agreed to sell nonoperated assets in Westmoreland, Centre and Clearfield counties, ...

Recently, Devon Energy Corporation (DVN - Free Report) also offloaded its Barnett shale assets in Texas to a private equity player for $553 million. Partnering with the deep-pocketed private equity player provides Shell with an additional boost. If Shell succeeds to win the bid, it will be the largest takeover ...
... and release the oil and gas. Those efforts moved to the Permian — arguably the world's largest shale play — after companies honed their methods in East Texas' Barnett Shale and South Texas' Eagle Ford. And plenty of energy executives are confident the Permian will boom for at least another 15 years.
Devon Energy Corp . DVN announced that it has entered into a definitive agreement to sell the southern portion of its Barnett Shale position for $553 million. This deal is part of the company's plan to divest more than $5 billion of its non-core assets in the next three years under its Vision 2020 initiative.
Independent exploration and production firm Devon Energy has signed a $553m agreement to sell the southern portion of the Barnett Shale in the US. Located in Johnson County, the assets currently have an average net production of 200 million cubic feet of gas equivalent per day. They are expected to ...

The company's remaining assets in the Barnett Shale, primarily located in Denton, Wise and Tarrant counties, have an estimated current production of 680 MMcfe/d and include an inventory of about 1,500 potential locations, consisting of undrilled inventory and horizontal refracturing opportunities, Devon ...
Devon Energy Corp. is selling a piece of the Barnett Shale, the onshore play that brought it to the dance, for $553 million. The buyer was not disclosed; the transaction is expected to be completed by mid-year. “Combined with other recent asset sales, divestiture proceeds associated with our 2020 Vision ...
OKLAHOMA CITY -- Devon Energy Corp. announced today it has entered into a definitive agreement to sell the southern portion of its Barnett shale position for $553 million. The transaction is subject to customary terms and conditions and is expected to close in the second quarter of 2018. “Combined with ...
The Permian surge is "demonstrably different" from Texas' earlier shale developments in East Texas' Barnett shale and South Texas' Eagle Ford because it's 90,000 square miles and the shale rock can easily extend 4,000 feet underground, said Dove and Sara Ortwein, president of Exxon Mobil's shale ...
Devon Energy began its foray into shale back in 2001 when it spent $3.1 billion to acquire fracking pioneer Mitchell Energy, which discovered how to unlock the treasure trove of natural gas locked away in the Barnett Shale. The company would go on to expand its shale portfolio over the years, including ...
The first shale gas play was in the Barnett Shale, conducted between 2006 and 2010. The first shale oil play was conducted from 2010 to 2014 at the Eagle Ford Shale. Partnering with 10 companies, the STARR program is currently co-funding the bureau's Tight Oil Resource Assessment project to evaluate ...
The Company's segments include the Utica Shale, which includes its ownership interest in Ohio Gathering, as well as Summit Utica; the Williston Basin, which includes Bison Midstream, Polar and Divide and Tioga Midstream; the Marcellus Shale, which includes Mountaineer Midstream; the Barnett Shale, ...
Energy Transfer Partners has a strong presence in the Barnett Shale region. Drilling activity in the Barnett region remained flat during 4Q17. According to Baker Hughes, the average rig count in the region was five in the fourth quarter. However, it has come down to two as of February 9, 2018. In the next ...
As of December 31, 2016, it operated 20 horizontal and 1 vertical wells in the Permian Basin; and 18 vertical and 21 horizontal wells in the Barnett Shale in the Fort Worth Basin. It currently has negative earnings. The firm also holds working interests in approximately 4,789 net acres in the Delaware Basin ...
Drilling in District 7B, which holds the Barnett shale, is forecast to grow 16.1%. A 17.5% increase is expected for District 10, to 316 wells. Oklahoma. The SCOOP and STACK plays may be the most interesting areas for shale development outside of the Permian basin in the entire U.S. So far, the region is still dominated by ...
The company has already made excellent progress on that latest sale plan, sealing deals to sell $420 million of properties through the third quarter. However, it still had one large asset left to unload, which was a portion of its land in the Barnett Shale. Devon expected to receive bids for that asset during the ...

For example, Barnett Shale well pad emission estimates based on empirical, site-level data were 50 percent higher than an equipment-based inventory. This and other studies indicate that the EPA GHGI is underestimating oil and gas methane emissions, particularly due to malfunctions and other avoidable ...
The operator of the Andrews and Winkler Counties, Texas, acreage has drilled a Barnett Shale well that is in the process of being completed, and the operator of our Cochran County, Texas, acreage has six wells producing a total of 473 Boe per day gross (22 Boe net to Panhandle) with one well drilled, but ...
The company posted weaker year-over-year earnings from the segment in the third quarter and the trend is likely to continue in the fourth quarter owing to weaker drilling activities in Barnett shale and Eagle Ford shale among others. Further, the company is also likely to be affected by lower throughput ...
In the US, Total will take over Engie's stake in the Cameron LNG plant in Louisiana, which will give it an "integrated" gas position to complement its position in the Barnett shale in Texas. "We are economically integrated between Barnett and the Cameron LNG position," Total said. The 15 million mt/year, ...
The Williston Basin Bakken, in northwestern North Dakota, northeastern Montana and southern Saskatchewan, along with other shale oil reserves such as the Marcellus Shale in eastern North America and the Barnett Shale in Texas, dwarf the kind of traditional resources Hubbert was dealing with in the ...
In June, XTO Energy announced it was pulling the majority of its Barnett Shale operations out of downtown Fort Worth and moving them to Houston. About 1,600 employees will leave downtown by 2020, but about 350 employees will stay. JLL Executive Vice President Ryan Matthews represented XTO ...
Texas saw a net gain of 13 rigs, in part because South Texas' Eagle Ford shale and East Texas' Barnett shale each lost a rig. Also, at least three of the Permian rigs were in the portion that extends into New Mexico. Apart from Texas and New Mexico, the only other state to show growth was gassy West ...
On top of that, two rigs were removed from each of DJ-Niobrara basin, Cana Woodford shale and Barnett shale play. Although the count of oil rigs fell, there has been plenty of room for crude explorers to ramp up drilling, given that the commodity has been trading above the $60-per-barrel mark.
Elsewhere, the Barnett Shale (down two) and Eagle Ford Shale (down three) posted week/week declines, as did the Granite Wash (down one), Cana Woodford (down two), Denver Julesburg-Niobrara Basin (down two) and Williston Basin (down one). In Appalachia, four rigs were dropped in the Utica ...
Nearly a year after getting permission to drill and oil and gas well near Texoma Parkway from the city's Planning & Zoning Commission, Roff Operating Co. received the same permission from the Sherman City Council Monday evening. The company recently received a drilling permit from the Texas ...
... Marcellus Shale, which includes Mountaineer Midstream; the Barnett Shale, which includes DFW Midstream Services LLC (DFW Midstream), ...
... 2016 made a $25 million investment in Tellurian, followed in late 2016 by oil major Total SA, which works in the Barnett Shale in North Texas.
... Total Environment, focused on characterizing microbial communities in the groundwater overlying the Barnett Shale and Eagle Ford Shale ...
Rosehill acquired up to 9,100 net acres in northwest Pecos County, adding over 325 drilling locations, opening a second operating area in ...
The Fort Worth Basin, which includes the Barnett Shale formation in Texas. - The Piceance Basin, which includes the Mesaverde formation as ...
In the onshore, Total owns and operates 100% of the former Chesapeake Energy Corp. properties in the gassy Barnett Shale and is a 25% ...
In the Barnett Shale, nine wells recently began flowback. EVEP's average working interest in the Barnett wells is approximately 31 percent.
Rice said it has completed the sale of 36,000 net acres in the Barnett Shale that were acquired last year in a broader deal to buy subsidiaries of ...
A floor crew pull steel pipe out of a natural gas well in the Barnett Shale of Fort Worth, Texas that is owned by Chesapeake Energy Corporation.
EQC Operating Trust, an affiliate of Equity Commonwealth (NYSE: EQC), has producing Barnett Shale assets in Tarrant County, Texas, for sale ...
Lower Eagle Ford and Barnett Shale production also impacted this segment's performance. The EBITDA for EPD's Petrochemical and Refined ...
High levels of benzene in shale areas, such as near well pads in the Barnett shale in Texas, were recorded early into the fracking boom, but ...
High levels of benzene in shale areas, such as near well pads in the Barnett shale in Texas, were recorded early into the fracking boom, but ...
Steve Pruett, president and chief executive officer of Elevation Resources, took his turn at the podium to reveal his company's Barnett Shale ...
Its production positions are in the areas, including Barnett Shale/Marble Falls, Appalachian Basin, Coal-Bed Methane, Rangely, Eagle Ford, ...
Despite improved drilling and completion techniques such as the drilling of longer horizontal laterals, natural gas production from the ...
And of course there's the classic Barnett Shale story, where George Mitchell and one of his engineers, Nicholas Steinsberger, refused to give ...
Drillers pulled four rigs out of Texas oil fields, including the Barnett Shale in North Texas and the Eagle Ford Shale in West Texas, bringing the ...
... from its peak of 958 in late July, as oil companies idled rigs in the Eagle Ford Shale in South Texas and the Barnett Shale in North Texas.
Drillers pulled four rigs out of Texas oil fields, including the Barnett Shale in North Texas and the Eagle Ford Shale in West Texas, bringing the ...
A case study of the Barnett Shale region in Texas, where hydraulic fracturing was first implemented, for the first time provides quantifiable ...
George Mitchell spent a lot of time and certainly a lot of money trying to crack the secret of the Barnett Shale. And even after he found success, ...
Earthquakes in North Texas have been correlated with drilling activities in the Barnett Shale geological formation, according to UT-Austin ...


 

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