Barnett Shale
The Barnett Shale is a geological formation of economic significance.
The Barnett Shale is known as a “tight” gas reservoir, indicating that the gas is not easily extracted. Since much of the gas in the Barnett Shale is lodged beneath the City of Fort Worth, this new drilling technology has created a boom for the city.
Hydraulic fracturing carried out in the Barnett Shale is done by pumping water into the well bore at a sufficient pressure to create and propagate a fracture in the surrounding rock formation down hole.
In a study conducted by the Fort Worth Chamber of Commerce, the Barnett Shale is contributing $5 billion annually and 55,000 permanent jobs in North Texas.
Oil
The Barnett shale has acted as an important source and sealing cap rock for more conventional oil and gas reservoirs in the area.
The latest online buzz about Barnett Shale:
What severed negotiations?
At least one industry official said the best case would be for Arkansas to copy Texas’ treatment of the Barnett Shale and wave the severance tax for a time …EOG makes Barnett shale oil discovery
3 — EOG Resources Inc. announced an oil discovery in the Barnett shale region near Fort Worth, Tex., where EOG has drilled for natural gas since 2004. …BARNETT SHALE RIG REPORT
New drilling rigs operating in the Barnett Shale natural gas field for the week that ended Friday. Chesapeake Operating, Oklahoma City: horizontal off Farm …Drilling deep for answers about the Barnett Shale
It’s not hard to find homeowners who are engaged in vigorous Barnett Shale discussions these days. Leasing continues at a strong pace in …
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