The Pearson site in Fort Worth was designed to blend into the city’s fabric with
attractive signage, landscaping and fencing. In 2011 Chesapeake was awarded
the “Fort Worth Beautiful” award for our urban planning efforts across all of
our padsites.
There is more natural gas produced in Fort Worth than any other city in Tarrant County, Texas. Chesapeake, the city’s leading urban operator, operates approximately 500 wells on 40 sites inside city limits.
The numbers behind natural gas production in Fort Worth give way to a powerful story. From 2008 – 11 the City of Fort Worth self-reported $183.9 million in revenue from the natural gas industry, including lease bonuses, royalties, mineral ad valorem, pipeline easements, license agreements, permitting fees and water sales. The city’s total natural gas and oil industry revenue for 2011 alone was $52.7 million, of which the Fort Worth Independent School District received $9.8 million from mineral ad valorem revenue.
The revenue isn’t just realized by municipalities. Local mineral owners include residents, businesses, nonprofit organizations and churches who receive bonus and royalty payments from Barnett Shale wells. In fact, Chesapeake has distributed more than $1.5 billion in royalties to North Texas mineral owners in the last few years. The company also provides significant charitable support to organizations such as the United Way of Tarrant County while making a commitment to volunteer in the communities in which we operate.
In the Barnett everyone benefits from the production of a clean, affordable, abundant, American resource that can help our country achieve energy independence.
Operations
Click the link below for more information about some of Chesapeake's natural gas wellsites in Fort Worth. Please contact our Neighbor Relations team if you have questions about our activities at these sites or others at 817-502-5000 or ask your question online..
If you are interested in signing a lease, or have questions about an existing lease including questions about division orders or royalty payments, please call our Owner Relations Department toll-free at 877-245-1427 or email inquirydo@chk.com.