Topic: Barnett Shale

Struggling shale company Chesapeake Energy said Tuesday it was anticipating a recovery next year after releasing a good portion of its non-core gas assets.

Once one of the stronger shale gas companies in the United States, Chesapeake Energy said it closed on a $450 million deal to sell some of its shale acreage.

The U.S. Geological Survey said its review of the Barnett shale basin in north-central Texas led it to double the estimated reserve potential.

Scientists at the University of Houston say escaped methane at fracking facilities may offset natural gas's environmental advantages over oil and coal.

The city of Denton, Texas, will continue enforcing regulations regarding drilling operations, but can't predict how the courts will react, a spokeswoman said.

The governor of Texas has seized control of the energy narrative in the state by passing a ban on local measures against fracking, advocacy groups said.

The Texas Oil and Gas Association said it filed a case against the city of Denton after voters backed an initiative to ban hydraulic fracturing.

It's bad well design, not hydraulic fracturing itself, that's leading to contamination of drinking water, research led by Ohio State University finds.

A Texas energy regulator said it was reviewing industry practices for hydraulic fracturing brought into question after a series of seismic events in the state.

The city of Denton could become the first in Texas to ban hydraulic fracturing outright after officials said the issue should be decided on the November ballot.