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The Success of the Barnett Shale Business Articles | November 2 http://www.airmaxpaschersolde.fr/ , 2008
In the mineral and gas industry, people know of the Barnett Shale, a formation of sedimentary rocks in the state of Texas. It stretches from Dallas to the city of Fort Worth. What is the most importan...

In the mineral and gas industry, people know of the Barnett Shale, a formation of sedimentary rocks in the state of Texas. It stretches from Dallas to the city of Fort Worth. What is the most important fact about the Barnett Shale air max plus pas cher , however, is not its geological standing. It is its significance and contribution to the economy.

The Barnett Shale is said to be the largest onshore natural gas source in the United States. It holds around 2.5 trillion cubic feet of natural gas and is said to hold around 30 trillion cubic feet of natural gas resources. Oil is also present in the Barnett Shale, enough to be commercially viable for the drilling companies.

The drilling companies and the oil and gas market aren't the only ones to benefit from the discovery of the Barnett Shale. The residents of Texas who live on the path of the Barnett Shale also got their share of fortune. The Barnett Shale is responsible for creating permanent jobs for thousands of people in Texas, and has also contributed a lot of revenues to the local governments in the state. The terms of the mineral rights lease also provide royalty payments for homeowners.

In the past, it was hard and almost impossible to extract natural gas in commercial quantities from the Barnett Shale. It is only with the technology today of hydraulic fracturing and horizontal drilling that the extraction of the gas from the Barnett Shale became easier and faster. More developments are being planned. Gas pipeline networks that are used to transport the gas is being expanded more and more.

Presently air max 97 pas cher , though the presence of rapidly growing urban areas are limiting extraction efforts. There are portions of the Barnett Shale that are under these areas. The local governments are still researching for some means to drill and extract the resources without disrupting the urban life. The weight of all the drilling work is no joke either. There are some rural parts of Texas that cannot handle all the heavy equipment that can cause damages to the roads and land.

In 2008, the lease terms have improved. Homeowners are offered $25,000 per acre and a 25-26.2% royalty for the mineral rights.

The Barnett Shale is now a major producer of natural gas. Its success has also led companies to find more sources of gas, oil, and minerals across the country. Other notable discoveries include the Antrim Shale in Michigan air max 90 pas cher , the Fayetteville Shale in Arkansas, the Marcellus Shale in Appalachia, the Woodford Shale in Oklahoma, the Ohio Shale in Kentucky and West Virginia, the Haynesville Shale in Louisiana and East Texas air max 95 pas cher , and the Bakken Shale in Montana, North Dakota, and Saskatchewan.

The success of these shale gas prospects have also encouraged many people to look into their properties and see whether they can obtain ownership of mineral rights. People with mineral rights ownership get the royalties cited in the lease terms and be rich just by leasing mineral rights to the drilling companies.

The Barnett Shale certainly won't be the only successful oil and gas source of the country. With growing demand for oil and gas in the market, the industry is also showing no signs of any decline.


Article Tags: Barnett Shale, Drilling Companies air max soldes , Mineral Rights


Questions To Ask When Searching For New Doctors In Rexburg, ID Health Articles | September 5, 2012
Finding a new doctor can seem like a large task and one that may take a lot of time, especially if you have a family. In this day and age there are so many resources and information available onli...

Finding a new doctor can seem like a large task and one that may take a lot of time, especially if you have a family. In this day and age there are so many resources and information available online about different practices and physicians in your area. This information can seem overwhelming at times and picking a name out of a list may not be right for you or your family. The following are a few different questions you can ask yourself and the different doctors in Rexburg air max homme pas cher , ID that can help you better decide which medical practitioner is right for you and your family.

One thing you should ask doctors in Rexburg, ID is if they accept your medical insurance. Usually when inquiring about finding a new doctor, you can call your insurance company and get a list of physicians in your area that are covered by your insurance. However, you may still want to ask the practitioners office to make sure this information is correct to avoid any mistakes with your billing. Another question you should ask about medical insurance is if they process the claim in their office or are you going to need to pay the cost upfront and file the claim with your insurer yourself. Some offices may find it easier if the patient pays upfront and then file the claim themselves. If you are not medically insured you may not need to ask these questions. Still, you may want to ask further billing questions such as air max femme pas cher , is the full amount of the bill due immediately or are you going to be billed at a later date.