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Chesapeake is the second-largest Barnett producer, and has taken out most of the competition for downtown lease. Chesapeake representatives make deals with landowners by giving them huge bonuses and high royalty payments to obtain leases.
Lately, urban drilling is occurring more and more often in the Dallas-Fort Worth metroplex. For example, local golf courses, the DFW Airport, and the public school district. While all this is going on, companies continue to pursue drilling rights in exchange for bonuses in Downtown Fort Worth. As of July 2008, the City of Fort Worth was finalizing a deal and started issuing permits to drill under the Central Business District...
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