Chesapeake Energy Corp., Oklahoma City, (NYSE: CHK) plans to acquire approximately 2,000 net undeveloped leasehold acres in the Barnett shale in Tarrant County, Texas, from Western Production Co., Fort Worth, Texas, and a partner for an undisclosed price. Chesapeake now has approximately 235,000 net acres of leasehold in the Barnett Shale play, including 200,000 net acres in the Core and Tier 1 areas of Tarrant, Johnson and western Dallas counties. The company's drilling inventory in the play is more than 2,700 net locations.
Recommended Reading
VTX Energy Quickly Ramps to 42,000 bbl/d in Southern Delaware Basin
2024-09-24 - VTX Energy’s founder was previously among the leadership that built and sold an adjacent southern Delaware operator, Brigham Resources, for $2.6 billion.
US Drillers Cut Oil, Gas Rigs for Third Week in a Row
2024-10-04 - The oil and gas rig count fell by two to 585 in the week to Oct. 4.
EY: How AI Can Transform Subsurface Operations
2024-10-10 - The inherent complexity of subsurface data and the need to make swift decisions demands a tailored approach.
Bowman Consulting to Manage, Monitor Delaware Basin Wells
2024-10-14 - Bowman Consulting Group’s scope of work includes conducting detailed field surveys of above-ground infrastructure assets across well sites of up to to 8 acres.
E&P Highlights: Oct. 7, 2024
2024-10-07 - Here’s a roundup of the latest E&P headlines, including a major announcement from BP and large contracts in the Middle East.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.