1 Table of contents 3
I. 1 List of Data tables 4
I. 2 List of Charts 4
II Introduction 5
II. 1 Overview 5
II. 2 Report Guidance 5
III Barnett Shale Overview 6
III. 1 Barnett Shale, Play Activity Analysis 8
IV Barnett Shale, Operational Overview 10
IV. 1 Barnett Shale, Well Profile 10
IV. 2 Barnett Shale, Initial Production Rates 11
IV. 3 Barnett Shale, Production Trends, from 2000 to 2020 12
IV. 3.1 Barnett Shale, Historical data Production, from 2000 to 2009 12
IV. 3.2 Barnett Shale Production as a Share of Texas Production 14
IV. 4 Barnett Shale, Production Analysis by County, from 2009 to 2010 15
IV. 5 Barnett Shale, Cost Trends, 2010 16
IV. 5.1 Well Cost 16
IV. 5.2 Finding & Development Cost 16
IV. 6 Barnett Shale, Drilling Activity, 2010 17
IV. 6.1 Barnett Shale, Permits Issued 17
IV. 6.2 Barnett Shale, Wells Drilled 18
IV. 7 Barnett Shale, Drilling Activity by County, 2010 20
IV. 8 Barnett Shale, Drilling Activity by Firms, 2010 21
IV. 9 Barnett Shale, Economics 22
V Barnett Shale, Competitive Landscape 24
V. 1 Barnett Shale, Major Firms by Acreage, 2010 24
V. 2 Barnett Shale, Major Firms by Production, 2010 25
VI Barnett Shale, Analysis of Top 5 Firms 27
VI. 1 Devon Energy 27
VI. 2 Chesapeake Energy 29
VI. 3 XTO Energy 30
VI. 4 EOG Resources 30
VI. 5 Quicksilver Corporation 31
VII Barnett Shale, Infrastructure 33
VIII Barnett Shale, Mergers and Acquisition Activity in the Play, 2007- 2010 35
IX Appendix 38
IX. 1 Abbreviations 38
IX. 2 Methodology 38
IX. 2.1 Coverage 38
IX. 2.2 Secondary Research 39
IX. 2.3 Primary Research 39
IX. 2.4 Expert Panel Validation 39
IX. 3 Contact Us 40
IX. 4 Disclaimer 401.1 List of Data tables
Data table 1: Barnett Shale Characteristics (Industry Average Numbers) 8
Data table 2: Barnett Shale, Average December line Rates Per Well 10
Data table 3: Barnett Combo Play, Recent Well Drilled By EOG Resources, 2010 11
Data table 4: Barnett Shale, Historical data and Forecasted data Production, bcfe, from 2000 to 2020 13
Data table 5: Barnett Shale, Percentage Share In Texas Natural Gas Production, from 2004 to 2009 14
Data table 6: Barnett Shale, Production By County, Bcf, 2009 – 2010 15
Data table 7: Barnett Shale, Cost Per Well For Major Firms Operating, (USD Million) 2010 16
Data table 8: Barnett Shale, Finding and Development Cost Per Mcf, 2010 16
Data table 9: Barnett Shale, Number of Drilling Permits, 2004 to 2010 18
Data table 10: Barnett Shale (Newark East), Number of Wells Drilled, 1993 to 2010 19
Data table 11: Barnett Shale, Number of Horizontal Well Permits Issued By Core County, January 2010 – September t 2010 20
Data table 12: Barnett Shale, Number Of Drilling Permits Issued, By Firms, January 2010 - September 2010 21
Data table 13: Barnett Shale, Single Well Economic for Different Areas, 2010 23
Data table 14: Barnett Shale, Top Firms by Acreage, 2010 24
Data table 15: Barnett Shale, Major Firms By Production, (bcfe), 2009 25
Data table 16: Barnett Shale, Major Firms By Production, (Bcfe), 2010 (January -October ) 26
Data table 17: Barnett Shale Reserves and Production, Devon Energy, MMboe, from 2006 to 2009 28
Data table 18: Devon Energy, Barnett Shale, Key Operation Parameters, 2009 28
Data table 19: Chesapeake Energy, Barnett Shale, Key Operation Parameters, 2010 29
Data table 20: Barnett Shale Reserves and Production, Chesapeake Energy, Bcfe, from 2006 to 2009 30
Data table 21: Quicksilver Corporation, Barnett Shale, Key Operational Parameters, 2009 32
Data table 22: Barnett Shale, Number of Existing Natural Gas Pipelines, By Operator 33
Data table 23: Barnett Shale Play, Merger and Acquisition Activity, from 2007 to 2010 (Q1-Q3) 35
Data table 24: Barnett Shale, Recent Deals, from 2009 to 2010 (Q1-Q3) 361.2
List of Figures
Chart 1: Barnett Shale, Texas, Location 6
Chart 2: Barnett Shale, Combo Play, 2010 7
Chart 3: Barnett Shale Play, Key Activity Area, 2010 8
Chart 4: Natural Gas Prices, ($ per MMBTU), 2007 to 2010 9
Chart 5: Barnett Shale Play, Typical Well Profile, 2010 10
Chart 6: Barnett Shale, Historical data and Forecasted data Production, bcfe, from 2000 to 2020 12
Chart 7: Barnett Shale, Percentage Share In Texas Natural Gas Production, from 2004 to 2009 14
Chart 8: Barnett Shale, Production By County, Bcf, 2009 – 2010 15
Chart 9: Barnett Shale, Texas Counties with Drilling Permits Issued, 2010 17
Chart 10: Barnett Shale, Number of Drilling Permits, 2004 to 2010 17
Chart 11: Barnett Shale (Newark East), Number of Wells Drilled, 1993 to 2010 18
Chart 12: Barnett Shale, Number of Horizontal Well Permits Issued By Core County, January 2010 – September t 2010 20
Chart 13: Barnett Shale, Number Of Drilling Permits Issued, By Firms, January 2010 - September t 2010 21
Chart 14: Barnett Shale, Well Economics, Internal Rate of Return at Different Natural Gas Prices, 2010 22
Chart 15: Barnett Shale, Top Firms by Acreage, 2010 24
Chart 16: Barnett Shale, Major Firms By Production, (bcfe), 2009 25
Chart 17: Barnett Shale, Major Firms By Production, (bcfe), 2010 (January -October ) 26
Chart 18: Barnett Shale Reserves and Production, Devon Energy, MMboe, from 2006 to 2009 27
Chart 19: Barnett Shale Reserves and Production, Chesapeake Energy, Bcfe, from 2006 to 2009 29
Chart 20: Quicksilver Resources, Acreage Position In Barnett Shale, 2010 31
Chart 21: Texas, Map of All Active Pipelines 33
Chart 22: Barnett Shale Play, Merger and Acquisition Activity, from 2007 to 2010 (Q1-Q3) 35
Companies mentioned
Devon Energy
Chesapeake Energy
XTO Energy
EOG Resources
Quicksilver Corporation