A Look at Oil and Gas Fields in Texas

Everything is bigger in Texas, and that includes the oil and gas fields found in our state. If you were ever curious about where the oil and gas fields are located in Texas, keep reading! I’ve compiled a list of three of the most notable oil and gas fields in the Lone Star State.

At the end of the post, you can find out what steps you can take if you notice you have oil and gas reserves on your property.

Carthage Field

Located in east Texas, Carthage Field is known for being one of the largest gas areas in the entire continent of North America. Since 1996, the field has produced more than 4 trillion cubic feet of natural gas. The field stretches out 48 miles long and 24 miles wide.

Most of the natural gas in Carthage Field comes from the Pettett Formation, a carbonate wedge located in east Texas, Arkansas, and Louisiana.

Spraberry Trend Field

The Spraberry Trend Field is located in the Permian Basin area in West Texas, extending out for 2,500 square miles. It includes parts of Irion, Reagan, Upton, Glasscock, Midland, and Martin counties. The field was named after Abner Spraberry, who owned the land when oil was initially discovered on it in 1943.

The field was ranked one of third in the United States in total reserves by the United States Department of Energy.

Barnett Shale

Underneath the city of Fort Worth and extending through 17 counties in the Barnett Shale formation. The Barnett Shale is said to contain the most producible reserves of any gas field in the United States, but the gas is not easily extractable. For one, the shale itself is very hard to drill through. Secondly, the shale is underneath many counties in the Dallas-Fort Worth metroplex, which is one of the fastest-growing areas in the state. Time will tell how much gas is able to be extracted from the Barnett Shale.

Oil and Gas on Your Property?\

Much of the oil and gas in the state is located in residential areas, and you may find that your property contains oil and gas reserves. If you want to make some quick money, you may be looking to sell your mineral rights. This process is known as liquidation. If you are looking to do so, it is important that you speak with a mineral rights broker, like The Mineral Auction.

Mineral rights brokers can help you avoid the common pitfalls associated with liquidation. A mineral rights broker can vet any potential buyers and connect you with them, taking out the hassle and risk from the selling process. Mineral rights brokers can answer any questions you have about the process and help you make sure that liquidation is the best process for you and your financial situation.

I hope this post provided an in-depth look into the oil and gas industry in the state of Texas as well as steps you can take if you notice oil and gas on your land.