A Dallas man pleaded guilty last week to one count of mail fraud as part of a scheme that defrauded investors in interests in the Barnett Shale natural gas play in North Texas and elsewhere, the U.S. Department of Justice (DOJ) said.
Barnett
Articles from Barnett
Texas Town Extends Drilling Permit Moratorium
The Town Council of Flower Mound, TX, which sits atop the Barnett Shale, has combined two existed drilling permit moratoriums into one and extended it until April 15 while it awaits an advisory board’s report on oil and natural gas development activities in the town.
RAM Energy Cuts Debt With North Texas Asset Sale
RAM Energy Resources Inc. has sold its North Texas Barnett Shale and Boonsville properties to Milagro Producing LLC for $43.7 million in cash, prior to adjustments.
Savoy Acquires 300-Acre Eagle Ford Lease Within the ‘Oil Window’
Houston-based Savoy Energy Corp. said it has completed a 300-acre lease acquisition in Central Texas within the “oil window” of the Eagle Ford Shale formation.
Antero Bulks Up West Virginia Leasehold
Denver-based Antero Resources, which has begun to expand its holdings in the Marcellus Shale, said Thursday it has acquired privately held Bluestone Energy Partners, an Appalachian natural gas producer.
Fort Worth Residents Seek Pipeline Reform
Residents of Fort Worth, TX, saw the sun rise on the shale gas phenomenon as producers targeted the Barnett Shale play far beneath their neighborhoods. Now — following years of midstream development, and a deadly pipeline blast in California — some in the state’s fifth largest city are calling for a reset on gas pipeline policy.
Study Calls for Rethink of Fort Worth Pipelines
Residents of Fort Worth, TX, saw the sun rise on the shale gas phenomenon as producers targeted the Barnett Shale play far beneath their neighborhoods. Now — following years of midstream development, and a deadly pipeline blast in California — some in the state’s fifth largest city are calling for a reset on how pipeline siting decisions are made.
Royalty Underpayment Alleged in Barnett Shale
A Barnett Shale landowner is suing units of Chesapeake Energy Corp. alleging underpayment of royalties via a scheme involving gas sales to an affiliate at less than full value. The lawsuit seeks class action status.
Fitch Sees Safety in Shales for Pipeline
Midcontinent Express Pipeline’s (MEP) access to high-growth gas shale basins, such as the Barnett, Bossier, Woodford and Haynesville, plus long-term, fixed-fee capacity reservation contracts give the 505-mile pipeline a “stable outlook,” according to Fitch Ratings.
Fitch Sees Safety in Shales for Pipeline
Midcontinent Express Pipeline’s (MEP) access to high-growth gas shale basins, such as the Barnett, Bossier, Woodford and Haynesville, plus long-term, fixed-fee capacity reservation contracts give the 505-mile pipeline a “stable outlook,” according to Fitch Ratings.