Gas Production/Drilling Permits Issued
The Barnett Shale, the most productive gas shale play in history and pace-setter for newer shale plays around the world, continued to grow in spite of a 70% drop in gas prices in 2008.
Naturally, that drop affected drilling activity in the play, particularly in the lower-producing Tier 2 counties, but operators feel the play, which covers 5,000 sq miles in all or parts of 23 counties in North Texas plus potential in the Marfa Basin of West Texas and the Delaware Basin of ...