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:
“It gives me the greatest pleasure to say, as I do from the bottom of my heart, that never in the history of the country, in any crisis and under any conditions, have our Jewish fellow citizens failed to live up to the highest standards of citizenship and patriotism.”
—William Howard Taft (1857–1930)
“It takes a great deal of history to produce a little literature.”
—Henry James (1843–1916)
“The history of persecution is a history of endeavors to cheat nature, to make water run up hill, to twist a rope of sand.”
—Ralph Waldo Emerson (1803–1882)