July 5, 2021
Barnett (located north of Dallas/Ft Worth in Texas), developed starting in 2000, was the first basin to prove horizontal drilling and multistage fracking for Shale Gas. Barnett consists of a gas area in the south portion of the basin and oil and condensate area in the north portion.
Since 2010 , 2300 total number wells have been drilled with a peak initial productivity (IP) of 1.2 MMcf/d. The average first year decline in 2017 was 62%. Barnett production peak in 2014 at 2.0 Bcf/d and has been in declined since. Only a few natural gas focused wells are expected to be drilled in Barnett in 2021 and later.