Way back in 2008, before most people had heard of the Marcellus shale, and before anyone except geologists had heard of the Eagle Ford and the Utica shales, the premier US shale was the Barnett Shale, just about under Fort Worth Texas.
Proven by George Mitchell and others (shout out to Bill Marble!) around the turn of the 21st century, the Barnett produced from vertical wells often on single pads until Devon took over Mitchell Energy in 2002 and made George Mitchell rich to the point of $3.1 billion at time when even the WSJ didn’t even mention shale gas. Devon introduced horizontal wells and multi well pads making the Barnett even more productive. This was also back in the days when frac fluids were proprietary and thus “secret”, and when although wells were very productive by standards of the day, they also declined rapidly.
Continue reading Back to the Barnett: Shale gas’s birthplace growing still.
This is a copy of a letter I arranged, Patrick Heren edited, and signed by 7 others from Texas to Moscow, that was recently submitted to the Financial Times.Rather proving our point, they chose not to publish it.
Continue reading COP21 and natural gas: The invisible fuel
I’ve gone to countless energy events over the past few years, some top class professional, some in the ‘who on earth was mad enough to pay to be here’ category. Too often they descend into Powerpoint hell, and occasionally, but not often enough, one can hear some really inspiring speakers. A recent one was UK Energy Minister Andrea Leadsom at the Economist Energy Summit in London a few weeks back, who put any fears of international investors over the UK government was unwilling to support onshore natural gas firmly to rest. What part of saying “Onshore natural gas is an urgent national priority” as the opening line of the main part of the speech is unclear for example.
Continue reading Paris, Innovation and Imagination.
Back in 2010, I published a report, now available for free in the library, Global Shale Gas, What Now, What Next?
A few smart people bought it. In January, since everyone is off for Christmas anyway, I will be publishing the second: Natural Gas: The Path from Paris: Building Natural Gas Demand in the Age of Abundance. If you have doubts about buying this years’s model, kick the tires and imagine it’s 2010 when reading the first report.
Continue reading The Path from Paris: Building Natural Gas Demand in the Age of Abundance