Barnett

Energy Patch Swindler Pleads Guilty in Dallas

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.

December 14, 2010

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.

December 13, 2010

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.

December 13, 2010

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.

December 6, 2010

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.

December 3, 2010

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.

October 25, 2010

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.

October 25, 2010

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.

October 5, 2010

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.

October 4, 2010

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.

September 30, 2010