Barnett Shale News & Information

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Fracking the Barnett Shale is a serious concern

The Obama Administration closed the study of Haynesville Shale formation in far East Texas and Western Louisiana and Barnett Shale formation west of Dallas ... It seems that the Trump Administratio...
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Posted: January 22, 2020, 8:34 am

Study suggests improved communication could improve performance of oil, gas companies

Oil and gas oil-field service companies looking for ways to boost cash flow to their investors might be better served by looking within to improve their operations through talking more with their ...
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Posted: January 15, 2020, 10:04 pm

Devon Energy: Setting The Tone For 2020

Devon Energy has sold Barnett Shale assets for $770Mn and will use the proceeds to repurchase shares. Devon Energy has $4.3Bn of debt, reasonable leverage ratios, no significant maturities in the n...
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Posted: January 6, 2020, 8:54 am

George P. Mitchell, who revolutionized oil and gas exploration, dies at 94

Mitchell, the Texas billionaire who pioneered shale-drilling techniques ... the “father of the Barnett Shale.” Those drilling breakthroughs revolutionized oil and gas exploration from ...
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Posted: December 30, 2019, 4:00 pm

Once a booming industry, natural gas is in midst of a bust

Range Resources, a Texas-based oil and natural gas exploration company, came to Washington County hoping to successfully employ the horizontal drilling techniques that had served it well in the Lon...
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Posted: December 28, 2019, 11:10 pm

Oil & Gas Stock Roundup: WPX Energy's Acquisition, Devon's Asset Sale & More

(See the last ‘Oil & Gas Stock Roundup’ here ... it has signed an agreement with Banpu Kalnin Ventures to sell Barnett Shale gas assets for $770 million. This agreement in a way completes ......
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Posted: December 24, 2019, 6:58 am

This Oil Stock Has Made a Complete Transformation

The company completed that transformation this week when it sold its remaining interest in the Barnett shale. As a result, it has become a top-tier, low-cost oil producer, which should enable it ...
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Posted: December 19, 2019, 6:16 am

The top company in Texas' birthplace of shale exits for $770M

As the shale boom shifted from natural gas to crude oil and from East Texas to West Texas’ Permian Basin, the Barnett has seen its activity plunge from a peak of about 200 rigs in 2008 down to ......
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Posted: December 18, 2019, 6:47 am

Devon Energy Announces Sale of Barnett Shale for $770 Million; Announces New $1 Billion Share-Repurchase Program

“Devon’s transformation to a U.S. oil growth business is now complete ... margins and profitability. “The Barnett Shale has been a cornerstone asset for Devon over the past two decades ......
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Posted: December 17, 2019, 5:41 pm

Kalnin Ventures Signs Barnett Shale Acquisition

Net production from the Barnett Shale properties averaged 597 million ... from Banpu Pcl and seeks to invest in attractive upstream oil and gas opportunities in North America with the goal of ...
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Posted: December 17, 2019, 5:37 pm

Devon Energy Announces Sale of Barnett Shale for $770 Million; Announces New $1 Billion Share-Repurchase Program

Barnett Shale Divestiture Transaction Details Net production ... independent energy company engaged in finding and producing oil and natural gas. Based in Oklahoma City and included in the S ...
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Posted: December 17, 2019, 12:30 pm

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