Oil & Gas News

Chesapeake Energy improperly deducted expenses from royalty payments and violated other terms of its drilling lease with a prominent Fort Worth family, a state appeals court ruled this week in one of several such suits working their way through the legal system. Continue Reading...
Two years after buying surface rights to about 400 acres in the Barnett Shale, a Fort Worth-based investment group has sold the ground leases to Chesapeake Energy. Continue Reading...
Charles and Robert Warren didn't know quite what to think when the sales prices for natural gas listed on their Chesapeake Energy royalty statements were far less than prices listed by XTO Energy on statements for production on another property. Continue Reading...
When global energy players compare the opportunities for shale oil and gas development around the world, it becomes clear that the United States, not just the Pennsylvania community portrayed in the recent Matt Damon movie, is the real Promised Land. Continue Reading...

The Arlington Tomorrow Foundation, created by the city in 2007 to handle a rush of natural gas-related money, has grown to $96 million as of the end of 2012, including the roughly $9 million added last year.

The foundation knows what it wants to do with the money: Make grants to city departments and local charities to improve life for Arlington residents, Executive Director Carolyn Mentesana said.

What's harder to know is how much bigger the foundation's nest egg will grow, or how fast.

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