• 4 minutes England Running Out of Water?
  • 7 minutes Trump to Make Allies Pay More to Host US Bases
  • 10 minutes U.S. Shale Output may Start Dropping Next Year
  • 14 minutes Washington Eyes Crackdown On OPEC
  • 1 min One Last Warning For The U.S. Shale Patch
  • 8 hours Russian Effect: U.S. May Soon Pause Preparations For Delivering F-35s To Turkey
  • 7 hours Poll: Will Renewables Save the World?
  • 7 hours China's Expansion: Italy Leads Europe Into China’s Embrace
  • 2 hours Chile Tests Floating Solar Farm
  • 7 hours New Rebate For EVs in Canada
  • 6 hours Trump Tariffs On China Working
  • 10 hours The Political Debacle: Brexit delayed
  • 20 mins Trump sells out his base to please Wallstreet and Oil industry
  • 22 hours Oil-sands recovery by solvents has started on a trial basis; first loads now shipped.
  • 16 hours Boeing Faces Safety Questions After Second 737 Crash In Five Months
  • 5 hours 3 Pipes: EPIC 900K, CACTUS II 670K, GREY OAKS 800K
  • 9 hours Biomass, Ethanol No Longer Green
Alt Text

This Supermajor Is Leading The Energy Sector

This supermajor has been standing…

Alt Text

How To Play A Recovery In Oil Prices?

A realistic correction in the…

Dave Forest

Dave Forest

Dave is Managing Geologist of the Pierce Points Daily E-Letter.

More Info

Trending Discussions

The Heart of This Shale Play Just Banned Fracking

Very critical legal battle shaping up this past week. In one of the most historic petroleum plays in North America.

That's the Barnett Shale of north Texas. Where opponents of unconventional drilling won a major political victory last week--one that could have ramifications for oil and gas development across this key state.

The move came in the city of Denton, a hamlet just northwest of Dallas. Where municipal voters approved a ballot banning the use of hydraulic fracturing within city limits.

Related: Why Are Voters In Denton Texas Afraid Of Fracking?

This is the first such ban to be implemented in Texas--following similar measures in other shale-producing states like Ohio and Pennsylvania.

It also comes in a key location. With the city of Denton being located in the heart of prime acreage for gas production in the Barnett--the first unconventional play to see large-scale development in the U.S.

Of course, the actual area affected by the ban is small--being confined to Denton city limits. But the voting down of fracking here could set a precedent to be followed by other local governments in the state.

The petroleum industry appears to be concerned about such knock-on effects. Prompting the Texas Oil and Gas Association to file suit last week in Denton courts to overturn the ballot measure.

Related: Early Signs Of A Pullback In Drilling Activity

The Association is arguing that Denton's frack ban violates state law. Which gives holders of mineral titles in Texas the right to develop these resources.

The outcome of this court battle will be an important data point for Texas oil and gas going forward. Although the Barnett itself is not a major source of production growth, other Texas plays like the Permian and the Eagle Ford have been major hubs for drilling activity of late.

If Denton's ban ends up standing, it could set the stage for similar challenges in these plays. Watch for the next rulings in the challenge from the Oil and Gas Association.

Here's to constructive discussions,
Dave Forest

More Top Reads From Oilprice.com:




Download The Free Oilprice App Today

Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News