UT study forecasts reliable supply from Barnett shale through 2030

03/11/2013
A new study of the Barnett shale foresees reliable supply with slowly declining production through the year 2030, said the Bureau of Economic Geology (BEG) at the University of Texas at Austin and financed by the Alfred P. Sloan Foundation, a New York philanthropic grant-making institution. Using a model that allowed for scenario testing, the study outlined a base case for a cumulative 44 tcf of recoverable reserves from the Barnett, with annual production declining in a predictable curve from the current peak of 2 tcf/year to about 900 bcf/year by 2030. This forecast falls in between some of the more optimistic and pessimistic predictions of production from the Barnett and suggests that ...
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