BARNETT SHALE TEP Barnett is an affiliate of the Total Energies company, the world’s fourth-largest oil and gas company, as well as a major integrated player in the global solar industry. In 2009, Total Energies company became a 25% partner with another Barnett Shale energy company.

Fort Worth Basin
The Barnett Shale is a geological formation and rich source of natural gas located in the Fort Worth Basin in Northeast Texas.

After nearly 200 active rigs a decade ago, no one is drilling North Texas’ Barnett Shale. It finally happened. Plummeting oil and gas prices, along with the seductive lure of bigger payouts in other parts of Texas and across the country, have brought exploration in North Texas to a halt.

Name. The formation is named after John W. Barnett, who settled in San Saba County during the late 19th century, where he named a local stream the Barnett Stream. In the early 20th century during a geological mapping expedition, scientists noted a thick black organic-rich shale in an outcrop close to the stream.

North Texas’ Barnett Shale — one of the country’s largest natural gas fields and the birthplace of modern fracking — holds twice as much reachable gas as previously thought, the federal government says. It did not bother to assess how much oil was trapped in the North Texas rock — assuming it was minimal.

6500–9500 feet
The Barnett shale formation and produces at depths of 6500–9500 feet with a production rate on the order of 0.5–4 million cubic feet per day (ft3/d) with estimates of three hundred to five hundred and fifty cubic feet of gas per ton of shale.

TEP Barnett is a Barnett Shale natural gas exploration and production company headquartered in downtown Fort Worth, Texas with our focus on developing natural gas wells in urban areas. In 2009, Total Energies company became a 25% partner with another Barnett Shale energy company.

George Mitchell
Geologists discovered the Barnett Shale Formation in the early 20th century, but drilling in the region did not begin until 1981. This is when George Mitchell of Mitchell Energy began his nearly two-decade-long search for an economical way to remove gas from shale.

Pad Gas means the natural gas in a natural gas storage facility assumed necessary to maintain reservoir pressure sufficient to permit the withdrawal, injection and maintenance of working gas in inventory in such storage facility.

Background Information about the Barnett Shale The Barnett Shale is considered to be the “granddaddy” of all U.S. shale plays as it was the formation in which Mitchell Energy & Development first successfully implemented the technology necessary to unlock shale gas in the early 1990s.

The North Texas shale basin is widely believed to be one of the most prolific natural gas fields in the United States, but it yielded the top producer role to the Marcellus Shale in 2012 when its annual production average topped out at 5.74 Bcf/d and the Marcellus rose to an annual average of 7.66 Bcf/d.

Devon Energy, the leading producer in the Barnett and the major sponsor of Enlink, estimates that it costs $1.2 million to refrack a horizontal Barnett well, but that doing so would add 2 Bcf to the per well reserve potential.