By Sandra Baker
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Arlington-based SkyWalker Property Partners and the Caffey Group have bought the 50,686-square-foot Atrium Center office building on Camp Bowie West in Fort Worth.
The Caffey Group, a project management and consulting firm in the oil and natural gas industry, will relocate in September from 309 W. Seventh St. in downtown Fort Worth to the building, 8851 Camp Bowie West, and lease 10,419 square feet of space. Caffey Group has an option to buy the three-story building.
By Jack Z. Smith
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Despite persistently low natural gas prices and a decline in drilling, production in North Texas' Barnett Shale hit a record high in November, averaging more than 6 billion cubic feet of natural gas per day, the Powell Shale Digest reported Monday.
By Jack Z. Smith
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The price of natural gas is expected to remain depressed in 2012, keeping a damper on drilling in North Texas' Barnett Shale, where the rig count has fallen to less than one-third its peak in 2008.
*Rise in drilling unlikely in 2012as natural gas prices remain low. On the plus side, sustained weakness in natural gas prices is good news for Texas electricity...
By Jack Z. Smith
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The price of natural gas is expected to remain depressed in 2012, keeping a damper on drilling in North Texas' Barnett Shale, where the rig count has fallen to less than one-third its peak in 2008.
By Jack Z. Smith
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*Natural gas production has exceeded market demand, resulting in suppressed prices.
By Dan Piller
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ENERGY: Devon Energy will drill 400 natural gas wells north of Fort Worth this year, plus its first test wells in Johnson and Parker counties.
By Jack Z. Smith
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The price of natural gas is expected to remain depressed in 2012, keeping a damper on drilling in North Texas' Barnett Shale, where the rig count has fallen to less than one-third its peak in 2008.
By Jack Z. Smith
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*The current leasing volume is less than one-fifth that of peak months during the spring and summer of 2008. There's still considerable Barnett Shale leasing activity in Tarrant County, but it's a fraction of what occurred during the leasing frenzy of 2007 and 2008, and lease offers are far less attractive because of low natural gas prices.
By Jack Z. Smith
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*Should they sign now, getting relatively small bonuses and royalties, or hope for higher gas prices, better deals?