What is the Fayetteville Shale?
The Fayetteville Shale is a Natural Gas Field located in the Arkansas which is pert of the Arkoma Basin. The Fayetteville Shale Play is about 60 – 575 feet thick and the depth ranges from 1450 – 6700 feet deep. The Fayetteville Shale can be compared to the Haynesville Shale and the Barnett Shale but is not as large as once thought. Ranging from about 4,000 square miles, the Fayetteville Shale Formation is being highly sought out by many companies that are listed below as they go after mineral rights. However, back in 2008 the Fayetteville Shale was on fire due to high natural gas prices. The fact that natural gas prices are low, drilling companies are moving their rig fleet to more liquid rich areas ( Oil Prone Areas ) such as the Eagle Ford Shale, Niobrara Shale, Bakken Shale, and Permian Basin. Things are even heating up nicely in the Granite Wash. New Drilling Techniques and Technology known in the gas and oil industry as Horizontal Drilling and Hydraulic Fracturing caused areas lik
