Fayetteville Shale

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U.S. natural gas proved reserves increased nearly 10% and reached a record 354 Tcf in 2013, according to the U.S. Energy Information Administration (EIA). Meanwhile, North Dakota's crude oil and lease condensate proved reserves surpassed those of the federal Gulf of Mexico (GOM), ranking it second only to Texas among U.S. states. Read More

The U.S. Energy Information Administration (EIA) and a bevy of independent analysts have predicted domestic natural gas production will climb rapidly over the long-term because of booming unconventional gas growth. However, the University of Texas at Austin (UT) is predicting production from the biggest shale gas plays -- Marcellus, Barnett, Fayetteville and Haynesville -- will peak by 2020 and decline thereafter. Read More

A subsidiary of J-W Energy Co., a privately-held exploration and production (E&P) company based in Dallas, said it has acquired oil and natural gas properties in northern Louisiana from Australia's BHP Billiton Ltd., a move that will increase its production totals and proven reserves. Read More

Australia-based BHP Billiton Ltd. is putting its Fayetteville Shale assets on the sales block, leaving a multi-year misadventure in Arkansas behind it as the company's petroleum business focuses on higher-value U.S. liquids production. Read More

The Fayetteville Shale delivered its highest quarterly production results ever for Southwestern Energy Co... Read More

Flattening gas production from the Fayetteville Shale and other pipeline infrastructure in the region has prompted Ozark Gas Transmission LLC to repurpose... Read More

Calumet Specialty Products LP said it has acquired substantially all of the assets of one of its competitors, privately-held Specialty Oilfield Solutions Ltd. (SOS), in a cash deal valued at $30 million. Read More

The Fayetteville and Marcellus shales continued driving gains for Southwestern Energy Co. in the second quarter, giving it cause to increase its capital expenditures for those positions and a new venture in Colorado's Niobrara formation. Read More

With strong performance in both the Fayetteville and Marcellus shales, Houston-based Southwestern Energy Co. set a number of records during the first quarter. Read More

With one-third of its global energy reserves in the U.S. onshore, BP plc is preparing to do battle with shale-focused independents by separating... Read More