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:
“Social history might be defined negatively as the history of a people with the politics left out.”
—G.M. (George Macaulay)
“Its nice to be a part of history but people should get it right. I may not be perfect, but Im bloody close.”
—John Lydon (formerly Johnny Rotten)
“History ... is, indeed, little more than the register of the crimes, follies, and misfortunes of mankind.
But what experience and history teach is thisthat peoples and governments have never learned anything from history, or acted on principles deduced from it.”
—Georg Wilhelm Friedrich Hegel (17701831)