A recent article from Dr. Ray Perryman of The Perryman Group in Waco, Texas, reported about unconventional oil- and natural gas-bearing formations and their benefit to the economy. Not only do they provide millions of jobs across the nation, they also provide the U.S. with a positive economic...
A new economic impact study of the fiscal contributions of the Barnett Shale was released today. The study, commissioned by the Fort Worth Chamber of Commerce and conducted by The Perryman Group (TPG) of Waco, reports that despite reduced drilling and fluctuating natural gas prices, Bartnett Shale production...
The U.S. Energy Information Administration’s (EIA) latest Annual Energy Outlook has U.S. total natural gas consumption growing from the current 25.6 trillion cubic feet (Tcf) to 31.6 Tcf in 2040. According to the EIA graph, while all sectors show increases in consumption, except residential, the growth is driven primarily by...
North Texans know a lot about tornadoes and golf ball-size hail storms, but when it comes to earthquakes, many Texans are experiencing them for the first time. Our first instinct is to ask what is causing them and what do we need to do to stop them. With oil and gas operations near the areas of the recent earthquakes near Eagle Mountain Lake, some have naturally turned to questioning whether...
You’ve heard plenty of talk related to fracking and alleged groundwater contamination, but what do the experts – the people in charge of regulating the oil and gas industry – say about it?
From:...
North Texans know a lot about tornadoes and golf ball-size hail storms, but when it comes to earthquakes, many Texans are experiencing them for the first time. Our first instinct is to ask what is causing them and what we need to do to stop them.
Starting in late 2013, the Reno-Azle region in North Texas experienced...
The Barnett Shale Energy Education Council (BSEEC) and its website are entering their seventh year of operation. When drilling rigs started moving into the city of Fort Worth, the major of Fort Worth at the time, Mike Moncrief, suggested that the companies operating in the Barnett Shale should establish a community service organization to provide energy...
The Barnett Shale Energy Education Council (BSEEC) is frequently asked about the status and future of the Barnett Shale. It has been questioned if the Barnett Shale is over and done with. After all, only about 25 drilling rigs are running now compared to the peak of about 200 rigs in mid-2008.
The short answer: While the Barnett Shale drilling activity is down, production remains strong...
According to the recent Barnett Shale Gas Assessment Study conducted by the Bureau of Economic Geology (BEG) at The University of Texas at Austin, the Barnett Shale will still be producing natural gas for years to come – well beyond the year 2030. The study is funded by the Alfred P. Sloan Foundation and incorporates engineering,...
A common misconception about Barnet Shale gas wells is that they come online with high flow rates and then fall off quickly, giving them a relatively short productive life. Data from the Railroad Commission of Texas, the Powell Shale Digest and RigData (which tracks natural gas wells in Texas), shows that Barnett Shale natural gas wells are very productive for long periods of time, and...
All forms of energy require water, and natural gas is the most efficient option, using only 1 to 3 gallons of water per MMBTU (million British thermal units). This includes all forms of natural gas production from conventional onshore wells, offshore wells, and natural gas from shales...
CREDIT: Fort Worth Chamber of Commerce
Economic impact study affirms boost to personal, local and state revenues over past decade
Fort Worth, Tex (Sept. 27, 2011) -- Robust even in the face of recession, the Barnett Shale play has emerged after 10 years as an immense, resilient and growing economic engine...
For a natural gas field in North Texas that barely existed 10 years ago, the Barnett Shale demonstrates a compelling case for drilling. Did you know that the number of natural gas wells that are producing, or have produced, natural gas in the Barnett Shale is 15,675 according to the Powell Shale Digest and the Railroad Commission of Texas. In 2010, the time period that the report...
Comprehensive air quality study provides insight into emissions from natural gas facilities
Posted July 14, 2011
A comprehensive evaluation of gas exploration and production sites “did not reveal any significant health threats” and showed that “Fort Worth’s 600-foot setback distance is adequate.” However, some gas...
- 1 of 3
- ››