Devon, EOG show Barnett shale has momentum

08/08/2005
Reports from two key operators in the Barnett shale of North Texas show the play has strong momentum.Devon Energy Corp., Oklahoma City, said its proved reserves in the North Texas Barnett shale gas play exceed the 1.9 tcf of gas equivalent booked when it acquired the Fort Worth basin assets in 2002, in spite of the intervening production.Devon Energy bought the Barnett shale assets from Mitchell Energy & Development Corp. in January 2002. It now operates 1,830 wells in the formation, having drilled nearly 1,000 wells since the acquisition. The company has 18 rigs running in the play.Devon Energy reported 1.944 tcfe of Barnett reserves at the end of 2004.At 570 MMcfd vs. 350 MMcfd in e...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected