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Chesapeake Energy Corporation is an American exploration and production company, headquartered in Oklahoma City. In 2021, the company produced 463 thousand barrels of oil equivalent (2,830,000 GJ) per day, of which 69% was natural gas, 24% was petroleum, and 7% was natural gas liquids. [1] As of December 31, 2021, the company had 1,596 million ...
The East Texas Oil Field is a large oil and gas field in east Texas. Covering 140,000 acres (57,000 ha) and parts of five counties, and having 30,340 historic and active oil wells, it is the second-largest oil field in the United States outside Alaska, and first in total volume of oil recovered since its discovery in 1930. [ 1 ]
Barnett Shale - stratigraphy. The Barnett Shale is a geological formation located in the Bend Arch-Fort Worth Basin. It consists of sedimentary rocks dating from the Mississippian period (354–323 million years ago) in Texas. The formation underlies the city of Fort Worth and underlies 5,000 mi 2 (13,000 km 2) and at least 17 counties.
In 1981, the company was founded by Chairman George Bishop. [1][2] Margaret "Meg" Molleston, joined the company in 2006 and leads the management of GeoSouthern's assets. In February 2014, the company sold 82,000 acres in the Eagle Ford shale area of Texas to Devon Energy for $6 billion in cash. [3][2] The assets were owned in a joint venture ...
Fracking. Fracking in the United States began in 1949. [1] According to the Department of Energy (DOE), by 2013 at least two million oil and gas wells in the US had been hydraulically fractured, and that of new wells being drilled, up to 95% are hydraulically fractured. The output from these wells makes up 43% of the oil production and 67% of ...
August 1, 2022 at 6:48 AM. Water levels in wells across Texas are running low because of the extreme drought, groundwater experts say. Drought conditions in the state are getting worse by the week ...
Aubrey Kerr McClendon (July 14, 1959 – March 2, 2016) was an American businessman and the founder and chief executive officer of American Energy Partners, LP. He also co-founded Chesapeake Energy, serving as its CEO and chairman. He was an outspoken advocate for natural gas as an alternative to oil and coal fuels, and a pioneer in employing ...
US$2.547 billion (2021) Number of employees. 938 (2020) Website. www.swn.com. Footnotes / references. [1] Southwestern Energy is a natural gas exploration and production company organized in Delaware and headquartered in Spring, Texas. [1] The company is ranked 893rd on the Fortune 500.