History
The formation is named after Chris W. Barnett who settled in San Saba County during the late 19th century where he named a local stream the Barnett Stream. During the early 20th century during a geological mapping geologists noted a thick black organic-rich shale in an outcrop close to the stream. The shale was consequently named the Barnett Shale.
The Barnett shale has acted as a source and sealing cap rock for more conventional oil and gas reservoirs in the area. It was thought that only a few of the thicker sections close to Fort Worth would be able to support economic drilling, until new advances in horizontal drilling were developed in the 1980s. Techniques such as fracturing, or "fracking", wells, used by Mitchell Energy, opened the possibility of more large scale production. Even with new techniques, significant drilling did not begin until gas prices increased in the late 1990s.
Read more about this topic: Barnett Shale
Famous quotes containing the word history:
“The custard is setting; meanwhile
I not only have my own history to worry about
But am forced to fret over insufficient details related to large
Unfinished concepts that can never bring themselves to the point
Of being, with or without my help, if any were forthcoming.”
—John Ashbery (b. 1927)
“In front of these sinister facts, the first lesson of history is the good of evil. Good is a good doctor, but Bad is sometimes a better.”
—Ralph Waldo Emerson (18031882)
“In history as in human life, regret does not bring back a lost moment and a thousand years will not recover something lost in a single hour.”
—Stefan Zweig (18811942)