Barnett Shale

Unitization Bill Introduced in Texas

A Texas state lawmaker has filed a bill that would "update" the Lone Star State's unitization procedures -- what some call forced pooling -- and bring them in line with those in other top oil-producing states. Read More

Vantage Energy to Take Another Crack at IPO

Two years after it withdrew a $400 million offering, Marcellus and Barnett shale-focused Vantage Energy Inc. has refiled with the U.S. Securities and Exchange Commission to take the company public, snapping a dry spell for exploration and production companies looking to raise big money in market debuts. Read More

Total to Take Over Barnett From Chesapeake in Preemptive Strike

French oil major Total SA has exercised its preferential rights to leapfrog over a prospective buyer and become sole owner and operator of the Barnett Shale leasehold it has co-owned with Chesapeake Energy Corp. since 2009. Meanwhile, Chesapeake is boosting its annual production growth target -- even with the Barnett sale -- and forecasting cash flow neutrality in 2018. Read More