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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.
Days after announcing plans to merge with Tulsa-based WPX Energy (WPX), Devon Energy completed the sale of its natural gas assets in the Barnett Shale to Banpu Kalnin Ventures for $570 million ...
Atlas Resource Partners, L.P. to Acquire Approximately 35 MMboe of Proved Reserves in the Barnett Shale and Marble Falls for $255 Million From DTE Energy ARP to acquire approximately 35 MMboe of ...
Atlas Resource Partners, L.P. Completes Acquisition of Barnett Shale and Marble Falls Assets from DTE Energy PHILADELPHIA--(BUSINESS WIRE)-- Atlas Resource Partners, L.P. (NYS: ARP) ("ARP" or "the ...
The siliceous nature of the Barnett Shale, and its relation to fracture enhancement in NE-F, was noted by Lancaster. [19] Also, the second assessment unit, where the Barnett Shale subcrop is Ellenburger Group carbonate rocks, is being tested by several operators. The unit's resource potential will be guided by the results of current testing ...
The company was founded in Dallas in 1994 by Trevor Rees-Jones. [2]In June 2006, the company sold a leasehold interest in 169,000 net acres with proved reserves of 617 billion cubic feet of natural gas equivalent to Devon Energy for $2.2 billion in cash.
One popular shale formation outside of Texas is the Bakken, located in North Dakota, Montana, and parts of Canada. This liquids-rich shale has attracted many companies looking to capitalize on ...
In the 1980s and 1990s, the company experimented with application of different techniques of hydraulic fracturing of the Barnett Shale of Texas, eventually finding the right technique to economically extract the natural gas in the formation. The approach was widely adopted by the gas industry and spawned a new gas boom in North America.