Barnett Shale Debate
August 16th, 2008
New US shale plays spark debate about Barnett
That field, the Barnett Shale of north Texas, has been a boon to major producers like Devon Energy Corp (DVN.N: Quote, Profile, Research, Stock Buzz) and …
Gas drilling is a very complicated issue, there are many pros and many cons and there is a tremendous amount of information to be sorted through. What we should be seeing at this point is un-biased, un-emotional information and frank discussions about the problems and possibilities that natural gas may bring. Gas companies are meeting with neighborhood associations to better explain the complexities of drilling in an urban setting. Residents are telling the companies what they think. Gareth, you mentioned in the press release that you guys had reviewed and revised the tertiary production model. Can you talk to us a little bit about the changes that you made there?