When Edge Resources recently announced that it had partnered with an international nonprofit group to create a sustainably developed gas drilling property in south Arlington, local environmentalists and drilling critics probably perked up their ears. Getting the gas drilling industry to acknowledge and minimize the environmental effects of their activities is a battle that citizen groups have been fighting for a decade in North Texas, with only limited success. Read more »

Quicksilver Resources posted earnings of $48.9 million, or 28 cents a share, in the fourth quarter as revenues declined to $216 million on lower natural gas prices.

The numbers compared unfavorably to earnings of $331.8 million, or $1.82 per share, on revenues of $240 million in the corresponding period of 2010, when the Fort Worth-based natural gas and oil producer recorded a $494 million gain from the sale of Quicksilver Gas Services. Read more »

If natural gas prices remain depressed, Chesapeake Energy will further reduce spending on drilling in areas such as North Texas' Barnett Shale, which mostly produces less-valuable "dry" gas, the company said Wednesday January 4, 2012.

Chesapeake is the No. 2 gas producer in the Barnett and has long been among the most active drillers. But it has already reduced drilling activity from years when gas prices were markedly higher. Read more »

EV Energy Partners, L.P announced today Friday December 23, 2011 it, along with certain institutional partnerships managed by EnerVest, Ltd., has closed both previously announced Barnett Shale acquisitions from two unrelated companies. Read more »