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- Chief_Oil_&_Gas abstract "Chief Oil & Gas was founded in Dallas, Texas in 1994 by President and CEO Trevor Rees-Jones. Its primary holdings of natural gas were developed in the core areas of the Barnett Shale in Tarrant County, Denton County and Parker County. In 1999, new technology in horizontal drilling and hydraulic fracturing along with rising gas prices made the Barnett Shale, an unconventional resource for natural gas, more economical. Chief rapidly expanded its leasehold position and drilling and production program in the Barnett Shale to become the fields second largest producer there.[citation needed]After selling, in 2006, the majority of its leasehold and production assets to Devon Energy and its pipeline and midstream assets to Crosstex Energy for $2.63 billion, Chief entered the Marcellus Formation gas play in Appalachia, with its primary leasehold position in Pennsylvania, West Virginia and New York. Chief drilled their first Marcellus Shale gas well in Lycoming County, Pennsylvania in Watson Township in the fall of 2007. The company also has a leasehold position in the Utah Thrust Belt in central Utah with development expected to begin in 2009.[citation needed]Quicksilver Resources Inc., a Fort Worth based company, purchased another portion of Chief’s Barnett Shale holdings in July 2008. Quicksilver purchased natural gas producing properties in Tarrant and Denton counties from several companies including Chief Oil & Gas LLC, Hillwood Oil & Gas LP and Collins and Young LLC for $1.3 billion.In December 2010, Chief entered into an asset purchase and sale agreement to sell certain natural gas properties in the Marcellus Shale to EXCO Holding PA, a subsidiary of EXCO Resources Inc., for approximately $459 million. The sale assets include 15 producing wells, 11 wells waiting on completion and approximately 50,000 net acres located in Lycoming, Sullivan and Columbia counties in Pennsylvania.".
- Chief_Oil_&_Gas foundingYear "1994".
- Chief_Oil_&_Gas industry Petroleum_industry.
- Chief_Oil_&_Gas keyPerson Trevor_Rees-Jones.
- Chief_Oil_&_Gas location Dallas.
- Chief_Oil_&_Gas numberOfEmployees "125".
- Chief_Oil_&_Gas thumbnail Horizontal_Drilling_Rig.jpg?width=300.
- Chief_Oil_&_Gas wikiPageExternalLink daily16.html?jst=s_cn_hl.
- Chief_Oil_&_Gas wikiPageExternalLink news?pid=20601109&refer=news&sid=abFEfxK6Sim0.
- Chief_Oil_&_Gas wikiPageExternalLink www.chiefog.com.
- Chief_Oil_&_Gas wikiPageExternalLink 7373.html.
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- Chief_Oil_&_Gas wikiPageID "15624843".
- Chief_Oil_&_Gas wikiPageRevisionID "537620282".
- Chief_Oil_&_Gas companyLogo "200".
- Chief_Oil_&_Gas companyName "Chief Oil and Gas".
- Chief_Oil_&_Gas companyType "Private company".
- Chief_Oil_&_Gas foundation "1994".
- Chief_Oil_&_Gas hasPhotoCollection Chief_Oil_&_Gas.
- Chief_Oil_&_Gas homepage www.chiefog.com.
- Chief_Oil_&_Gas industry Petroleum_industry.
- Chief_Oil_&_Gas keyPeople "Trevor Rees-Jones, President and Chief Executive Officer".
- Chief_Oil_&_Gas location "Dallas, Texas, USA".
- Chief_Oil_&_Gas numEmployees "125".
- Chief_Oil_&_Gas subject Category:Companies_based_in_Dallas,_Texas.
- Chief_Oil_&_Gas subject Category:Companies_established_in_1994.
- Chief_Oil_&_Gas subject Category:Natural_gas_companies_of_the_United_States.
- Chief_Oil_&_Gas subject Category:Oil_companies_of_the_United_States.
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- Chief_Oil_&_Gas type CompaniesBasedInDallas,Texas.
- Chief_Oil_&_Gas type CompaniesEstablishedIn1994.
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- Chief_Oil_&_Gas type GasCompany108186655.
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- Chief_Oil_&_Gas type NaturalGasCompaniesOfTheUnitedStates.
- Chief_Oil_&_Gas type OilCompaniesOfTheUnitedStates.
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- Chief_Oil_&_Gas comment "Chief Oil & Gas was founded in Dallas, Texas in 1994 by President and CEO Trevor Rees-Jones. Its primary holdings of natural gas were developed in the core areas of the Barnett Shale in Tarrant County, Denton County and Parker County. In 1999, new technology in horizontal drilling and hydraulic fracturing along with rising gas prices made the Barnett Shale, an unconventional resource for natural gas, more economical.".
- Chief_Oil_&_Gas label "Chief Oil & Gas".
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- Chief_Oil_&_Gas sameAs Q5096873.
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- Chief_Oil_&_Gas depiction Horizontal_Drilling_Rig.jpg.
- Chief_Oil_&_Gas homepage www.chiefog.com.
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- Chief_Oil_&_Gas name "Chief Oil and Gas".