Q. What is the Barnett Shale?
A. The Barnett Shale formation was discovered in the 1950s and stretches from west of Dallas, covering 5,000 square miles within 17 counties. Formed by organic deposits millions of years ago, the formation consists of black-colored Mississippian sedimentary rock.
Q. What counties does the Barnett Shale cover?
A. Bosque, Comanche, Cooke,
Denton,
Ellis,
Erath,
Hamilton, Hill, Hood, Jack, Johnson, Montague, Palo Pinto, Parker, Somervell, Tarrant, and Wise.
Q. What are the production expectations for the Barnett Shale?
A. Considered the second largest on-shore domestic natural gas field within the U.S., the field has proven to hold 2.1 trillion cubic feet of natural gas and is widely estimated to contain as much as 30 trillion cubic feet of natural gas resources. The current daily gas production averages 1.5 billion cubic feet.
Q. In the Barnett Shale, when was the first well drilled?
A. It was drilled in 1981.
Q. What is the average lifespan of a well in the Barnett Shale?
A. An average life of a well is 10 to 20 years, depending on the area’s reserves and fracturing techniques.
|
