The Barnett Shale rig report

Posted on December 31, 2007 by Ron Gonzales

The Star-Telegram posted a report on Christmas Eve in the Business section about the new drilling rigs in the Barnett Shale for the period that ended on Friday, December 21, 2007. If interested, you can go here to read it.

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Barnett Shale 2007 roundup bulletpoints

Posted on December 31, 2007 by Ron Gonzales

TradingMarkets.com has an end of year piece in which they report four statistics pertinent to the Barnett Shale operations in North Texas.

  • 100,000-plus:  Number of mineral rights leases filed in Tarrant County in 2007.
  • 23,511:  Highest per-acre bonus reported on a commercial or municipal mineral rights lease.
  • 15,850:  Highest per-acre bonus reported on a residential mineral rights lease.
  • 2,078,512,000:  Average daily natural gas production in cubic feet in the Barnett Shale field in the year’s first eight months.

We’ve got our eyes on stat #3.

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