Barnett Shale Gas Drilling
Gas saturation seems constant across the region, so it is tempting to invoke increased natural fracturing in these areas as the explanation. Gas in-place is the total amount of free and adsorbed gas within the Marcellus. Given a resource that is found under more than 34,000,000 acres of real estate with at least 50 feet of organic-rich section, the Marcellus Shale weighs in with more than 500 trillion cubic feet of gas in-place spread over a four state area. Gas shale well productivity varies widely by basin, due to variations in the natural fracturing, richness of the shale, net thickness, and initial rates. The major change has been in well completion and operating methods, which have led to increase per well reserves.
Gas drilling is creating jobs and helping retail sales during a tough time, giving Fort Worth a counterweight against the slowing economy. Nationwide, soaring prices for gasoline are leading to calls for more offshore drilling for oil.
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