Barnett Exclusives

Fracking ban, hydraulic fracturing, HB 40, Texas, Eagle Ford, Permian Basin, Midland, Abbott, Denton, City ordinances

Gov. Greg Abbott signs a bill that erases November’s Denton, Texas, hydraulic fracturing ban but many ordinances, particularly subsurface oil and gas regulations, may also be history.

Williams, Williams Partners, merger, merge, M&A, midstream

Combined midstream operations will include the Marcellus, Utica, Eagle Ford, Haynesville, Barnett, Midcontinent and Niobrara. It’s anticipated to be one of the largest, high-dividend paying C-Corps in the energy sector.

Enhanced completion techniques developed in tight oil plays are beginning to show up in traditional dry gas shales such as the Haynesville with operators adopting extended laterals and higher proppant loading.

Barnett - Texas Drilling Permits Trends

7 Day Trend5 (-2)
30 Day Trend34 (-21)
1 Year Trend1243 (-378)
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Barnett Gross Acreage

Company Net Acreage
Devon Energy 620,000
EOG Resources 298,000
Chesapeake/Total 266,700
ExxonMobil 265,000
All Top Acreage Holders