InsideClimateNews.org — Between February 2010 and July 2011, Lisa and Bob Parr filed 13 complaints about air pollution from gas and oil operations near their ranch in Wise County, Texas. Sometimes they had trouble breathing, they told the Texas Commission on Environmental Quality (TCEQ). They also experienced nausea, nosebleeds, ringing ears and rashes.
Natural gas production from the Barnett Shale formation in Texas, the second-largest U.S. gas resource, peaked in 2012 and will fall by more than half in the next 17 years, according to a University of Texas study.
Range Resources Corp. , the natural- gas producer that is one of the biggest landholders in the Marcellus Shale field in Pennsylvania, said it will sell 52,000 acres in the Barnett Shale in Texas for $900 million.
Quicksilver Resources Inc., the target of a failed management-led takeover attempt, fell 4.8 percent after announcing plans to form a master-limited partnership to hold some of its Barnett Shale natural-gas assets.