Hill County Texas Purple Dots are Natural Gas Wells

Hill County in Texas ,,

Barnett Shale Play Field - Natural Gas Field Texas Information - Texas Shale Barnett Shale Cities: Forth Worth to Dallas, Southern Texas Counties - Johnson, Hill, Bosque, McLennan, Tarrant County. The sweet spot in the Barnett Shale is between Denton and Decatur, Texas all the way down to the Forth Worth, Texas area. What is the Barnett Shale Area Formation? The Barnett Shale rock deposit is a rock formation deep below the Texas surface which in the 1950's was discovered by wildcatters. In 1980, technological advances enabled companies to extract natural gas from the Barnett Shale. The Barnett Shale Field has been referred to as the biggest natural gas field in the United States, having been proved to hold roughly 2.5 trillion feet of Natural Gas. Some geologists forecast the Barnett Shale Play could hold around 30 Trillion cubic feet. The Haynesville Shale, however, is rapidly approaching greatness and is also in Texas. Over the years the Barnett Shale Natural Gas Field received fame when new drilling technology came onboard. This technology which uses various fracturing techniques, is used during horizontal drilling. The Barnett Shale is one of a kind because this was the first major operation to extract gas from shale. When reading about other shale plays, most often you will here them refer to the Barnett Shale as this gas shale was the pioneer of them all. Many companies are using their expertise in other shale plays in the United States. Horizontal Drilling is a technique used to drill horizontally after the vertical well is drilled. Hydraulic Fracturing Techniques are used to Fracture the Shale Rock in order for the release of Natural Gas. Drillers use millions of gallons of water per well and machines apply the water and sand at high rates of pressure to fracture the shale. More can be found Here It is estimated that the Barnett Shale is more then 6,000 feet deep and VERY thick. So thick you have to fracture the shale in stages ( Multi Stage Frac ). A horizontal well will run you anywhere between 5-11 million. The Barnett Shale has a chance one day to produce 3-4 billion cubic feet of natural gas per day. Future development of the Barnett Shale could be tricky as the Dallas - Fort Worth areas become heavily populated. Industry technicians are trying to figure out ways the drill in highly populated areas without harming homes, schools, businesses, and airports. Landowners in the Barnett Shale area are getting up to $25,000 per acer by large Natural Gas and even Oil companies. Infact, Barnett Shale even holds a small amount of oil which can be commercially refined. As of March 2008, homeowners in the Greater Meadowbrook area in eastern Fort Worth are being offered $25,000 per acre and a 26.5% royalty. Is Natural Gas Shale drilling the new trend? There has been a boom in Natural Gas and Oil discovery across the United States. Small southern cities are being reborn by this energy craze. Natural Gas is hovering above $12 and as long as prices stay above $7, drilling will make economic sense. Don't forget to check out these other shale plays similar to Barnett. Haynesville Shale - Marcellus Shale - Horn River Shale - Bakken Oil Shale - Fayetteville Shale - Brazil Oil Field - Woodford Shale - Chattanooga Shale - Utica Shale Companies Involved in Barnett Shale - Barnett Shale Stocks

- Devon Energy DVN - Devon DVN is the largest of the Barnett Shale operators -Devon's net production from the Barnett Shale field in north Texas averaged a record 1.1 billion cubic feet of natural gas equivalent per day in the third quarter of 2008. The company expects to exit the year producing approximately 1.2 billion cubic feet equivalent per day from about 3,800 Barnett Shale wells. Horizontal drilling could open up another leg of activity on Devon's 150,000 plus net acres at Washakie. - Encana Oil & Gas ECA- has a large acreage position at Barnett Shale Field - EOG Resources EOG - announced Oil discoveries and increased Natural Gas in Barnett Shale - They are drilling in Johnson county, Hill county, Hood county, Erath county, Palo Pinto county. In the Fort Worth Basin Barnett Shale Play, EOG continues to make improvements to individual well production rates and reserve recoveries. During the third quarter, EOG drilled and completed a pattern of four horizontal wells in northeastern Johnson County. The Little Buddy Units #3H, #5H, #6H and #7H began initial production in October at individual rates ranging from 6.5 to 10 million cubic feet per day (MMcfd) of natural gas, gross. EOG has an average 81 percent working interest in these wells. Also in Johnson County, the Raam Unit #4H, in which EOG has 100 percent working interest, began initial production at over 8.5 MMcfd. - Chesapeake Energy CHK- Chesapeake CHK has 280,000 net acres in Barnett Shale - Chk is using 45 operating rigs to develop their 280,000 acres ( 240,000 which are in the sweet spot core of Barnett Shale: Tarrant, Johnson, Dallas County, Texas ) The Barnett Shale is the largest natural gas shale play in the USA. - XTO Energy XTO- XTO Energy now holds about 280,000 acres in the Barnett Shale.... 155,000 are in the prolific core area of the Barnett Shale play. July 22nd, 2008 - In the third quarter XTO increased its drilling rig count to 20 rigs in the Barnett Shale. Net daily production in the Barnett Shale averaged 488 MMCFEPD for the quarter. - Quicksilver Resources KWK- Quicksilver KWK has exposure in the Barnett Shale natural gas field -Quicksilver completed the Alliance transaction which included the acquisition of approximately 50 MMcf per day of gross production, mid-stream, royalty interests and approximately 13,000 net acres of leasehold in the Fort Worth Basin located in Tarrant and Denton counties of Texas. First production from new wells drilled will begin later this year. During the third quarter of 2008 in the Barnett Shale formation of the Fort Worth Basin, the company drilled 72 (67 net) operated wells and connected 66 (64 net) operated wells to sales. At September 30, 2008, the company had 14 rigs working in the basin, including four rigs dedicated to the company’s Lake Arlington and Alliance projects. The company currently has 10 rigs working in the Fort Worth Basin of which five are at the Lake Arlington and Alliance projects. Parallel Resources PLLL - Parallell has 78 wells in the Barnett Shale area - Barnett Shale Gas Project, Tarrant County, Texas ...Leasehold acreage in Parallel's Barnett Shale gas project consists of approximately 31,600 gross (9,300 net) acres located in and around the Trinity River flood plain, east and west of downtown Fort Worth. At present, the project controls approximately 75 multi-well pad sites. Based on current industry practices, Parallel anticipates development drilling on 40-acre spacing. Barnett Shale Map Texas

,