Oil & Gas News

Entries for February 2013

The Barnett Shale will still be churning out natural gas even in 2050 and will produce more than three times what it has already yielded, according to a new study by the University of Texas at Austin.

There could be another 10,000 to 11,000 wells drilled in the big North Texas natural gas field, the study by UT's Bureau of Economic Geology forecasts. That activity could concentrate in Tarrant, Johnson, Denton and Wise counties, which have proved to be the most productive areas.

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