A horizontal drilling drought has gripped a region of North Texas credited as the birthplace of the shale revolution. The Barnett Shale has now gone more than a month without an energy company filing for a horizontal drilling permit in the natural gas-rich region. Pioneered […]
Category: News
Updates on the oil and gas industry for the Barnett Shale.
Texas Court Sides with Barnett Shale Mineral Interest Owners in Litigation Against Chesapeake, Total
Ruling denies summary judgment request by energy companies, allows lawsuits to move toward trial A Tarrant County judge has rejected efforts by Chesapeake Exploration and Total E&P USA to dismiss claims in multidistrict litigation (MDL) filed by North Texas mineral interest owners over “sham” transactions associated with royalty payment […]
Devon Energy keeps drilling in Barnett Shale despite plan to sell North Texas assets
Oklahoma City oil company Devon Energy continues to drill in the Barnett Shale of North Texas despite its plans to sell all of its assets there. The Railroad Commission of Texas recently issued Devon a pair of drilling permits for two horizontal wells on the […]
The Return of Fracking in the Barnett Shale?
From his home office in North Texas, Nick Steinsberger monitors his drilling operation. He owns Valpoint Operating, an oil and gas company with a drilling rig in Oklahoma. The area is so remote, you can’t even see any houses. “There’s nobody to come and complain […]