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Barnett Shale Rig Report

Saturday, May. 05, 2012

Tarrant County

Chesapeake Operating, Oklahoma City: horizontal off Horton Road, northwest of Loop 820 and U.S. 287.Read more

Oil rigs' rapid rise continues

Friday, May. 04, 2012

U.S. oil rigs hit another high, rising 27 to 1,355, but rigs looking for natural gas fell seven to 606, according to Baker Hughes Inc., which has counted oil and gas rigs separately since 1987.Read more

Wyoming governor got EPA chief to stall announcement on fracking, groundwater contamination

| |Thursday, May. 03, 2012

Officials took an “all-out press” against EPA report on water contamination.Read more

SEC begins Chesapeake inquiry, energy company confirms

| |Thursday, May. 03, 2012

The energy company confirms the report and says it will cooperate with the agency.Read more

Chesapeake shares fall 15% amid losses, CEO concerns

|Thursday, May. 03, 2012

The No. 2 Barnett Shale producer will slash leasing and drilling here, leaving two rigs this summer.Read more

Chesapeake's McClendon apologizes for "distractions"

| |Wednesday, May. 02, 2012

Shares of Chesapeake plummet after the company reports an unexpected first-quarter loss and says it may run out of money next year.Read more

Business briefs: Union Drilling reports net loss in first quarter

Wednesday, May. 02, 2012

Union Drilling reports

net loss of $2.2 millionRead more

Chesapeake founder is removed as chairman

| |Tuesday, May. 01, 2012

He will remain as CEO of the oil and gas producer.Read more

IRS investigating Chesapeake program that aided CEO

| |Monday, Apr. 30, 2012

Chesapeake Energy Corp. said the Internal Revenue Service is reviewing an executive incentive program that allowed CEO Aubrey McClendon to buy stakes in thousands of the company's oil and natural gas wells.Read more