ShaleBlog.com » Fayetteville Shale

Declining Royalty Payments from Natural Gas Wells

admin — Wed, 04 Jan 2012 01:55:34 +0000

Many property owners are very surprised when the royalties that they receive from a natural gas well on their property decline sharply. They are learning about production decline curves.

Learning about Oil and Gas Leases

admin — Mon, 05 Dec 2011 05:01:30 +0000

An article in the New York Times reviews some potential rewards and problems that occur when a landowner decides to lease his property for oil and and gas development.

Related: Mineral Rights

Recycling Fayetteville Shale Frack Water

admin — Mon, 29 Aug 2011 11:15:34 +0000

Dealing with the waste water from hydraulic fracturing is a problem. A Canadian company working in Arkansas has plans to treat Fayetteville Shale waste water and recycle it for continued drilling.

Arkansas: Waste Water Injection and Earthquakes

admin — Thu, 28 Jul 2011 04:20:23 +0000

An injection well used to dispose of waste water produced by natural gas drilling in the Fayetteville Shale of Arkansas was thought to be causing hundreds of small earthquakes. The Arkansas Oil and Gas Commission voted to close the disposal well but continue to allow injection activities associated with hydraulic fracturing process.

Arkansas: Natural Gas Severance Tax Act of 2012

admin — Wed, 27 Jul 2011 05:54:31 +0000

Arkansas has two significant natural gas plays in the Haynesville and Fayetteville Shales. A proposal to significantly increase the natural gas severance tax to 7% has some companies threatening to drill in other states.

Shale Gas and U.S. National Security

admin — Fri, 22 Jul 2011 05:35:56 +0000

The Baker Institute for Public Policy at Rice University has published a report titled: “Shale Gas and U.S. National Security”. “This study assesses the impact of U.S. domestic shale gas development on energy security and U.S. national security, with emphasis on the geopolitical consequences of rising supplies of U.S. natural gas from shale and the implications for U.S. foreign policy.” Quoted from the report summary.

Arkansas Governor Beebe Addresses Natural Gas Issues

admin — Mon, 16 May 2011 20:19:50 +0000

Governor Mike Beebe of Arkansas answers questions related to natural gas drilling causing earthquakes, environmental problems and economic damage within the State of Arkansas.

Chesapeake Energy: Land Acquisition Machine

admin — Mon, 09 May 2011 16:05:16 +0000

A post on the Seeking Alpha blog details how successful Chesapeake Energy has been at rapidly leasing enormous acreages in all of the major natural gas shale plays in the United States. They author calls them a “land acquisition machine”.

BHP Billiton Buys a $4.7B Gas Shale Stake from Chesapeake

admin — Mon, 21 Feb 2011 15:08:25 +0000

BHP Billiton, the worlds largest mining company which also holds major oil and gas interests, has purchased a $4.7 billion stake in the Fayetteville Shale from Chesapeake Energy. More at Reuters.

More on the Guy, Arkansas Earthquake Swarm

admin — Mon, 14 Feb 2011 16:18:32 +0000

We recently posted a video about the earthquake swarm near Guy, Arkansas. Now the NewYorkTimes has an article titled: “A Dot on the Map, Until the Earth Started Shaking”.

Chesapeake Energy Selling Fayetteville Shale Asset

admin — Fri, 11 Feb 2011 16:05:56 +0000

An article on the ABCNews site reports that Chesapeake Energy hopes to sell $5 billion in assets during calendar year 2012. Included in the sale are all of Chesapeake’s holdings in the Fayetteville Shale in Arkansas.

Guy, Arkansas Earthquake Activity

admin — Tue, 28 Dec 2010 02:35:36 +0000

During the past three months over 500 small earthquakes have shaken the area around Guy, Arkansas. These earthquakes have been blamed on drilling the Fayetteville Shale, wastewater injection wells and natural processes. Which is it?

Exxon Buys Fayetteville Shale Assets

admin — Fri, 24 Dec 2010 15:04:49 +0000

Petrohawk Energy plans to sell its Fayetteville Shale assets to Exxon Mobil for $650 million. An article in Reuters describes the deal and has comments from industry experts who say that the sale price was lower than they expected.

487 Earthquakes Near Guy, Arkansas

admin — Tue, 14 Dec 2010 02:12:59 +0000

Hundreds of shallow but gentle earthquakes have occurred at depths down to about 12,000 near Guy, Arkansas. The State Geological Survey says that they can not tie them to natural gas drilling but they are investigating wastewater injection as a possibility – there are several injection permits in the area surrounding the earthquake swarm. More at CNN.com

Arkansas: Hydraulic Fracturing Fluid Chemistry

admin — Sun, 12 Dec 2010 18:54:45 +0000

The Arkansas Oil and Gas Commission will require drilling companies to release generalized information about the composition of fluids used in the hydraulic fracturing fluid starting on January 15, 2011. Hydraulic fracturing and directional drilling have been used heavily in Arkansas to develop the Fayetteville Shale. More at Platts.com.