Located in North Texas, the Barnett Shale has been referred to as one of the biggest plays for natural gas in the United States. It has also been labeled as the “grand daddy” of its time for gas and the industry leader in Urban drilling.
The Shale covers over 5,000 miles in the state of Texas, stretching across 13 of its thriving counties. Although the Barnett shale is one of the most sought out resources in the nation, it is also the most difficult to drill in. This is mainly due to the rock and sand that surrounds the hydrocarbon deposits and the fact that Fort Worth, TX sits in the heart of it.
Yes, the Barnett is a difficult play to drill, but due to technological advances such as horizontal drilling, operators can produce large amounts of gas daily from this liquids rich gas play.
According to statistics, in 2015, the Barnett Shale was responsible for around 70 percent of all United States gas shale production. It is even said that around 40 trillion cubic feet of natural gas is still undiscovered in the Texas shale. Many Mineral owners in the Barnett Shale are selling their mineral rights for cash and you can to!
Although development is always on the table for the Barnett Shale, further development of the Barnett Shale is a difficult task as the gas fields are located under the DFW Metroplex.
If you are interested in obtaining cash for royalties from your Barnett Shale gas royalty rights, remember Stag Minerals. As a leader in the Barnett Shale Stag buys mineral rights in a process that is both simple and diligent. Call us today to find out how you can make the most out of your Barnett Shale asset.