FROM THE EXECUTIVE DIRECTOR
Look Beneath the Bloom
for the Vitality of the Barnett Shale
BY ED IRELAND, PH.D
As noted in a recent Star-Telegram article "In the Barnett Shale, the bloom is off the boom," by Jack Z. Smith, drilling activity in the Barnett Shale is at a seven-year low of just over 50 rigs running, which is roughly one quarter of the rigs that were running in 2008. While the number of drilling rigs is noteworthy, it is not a good measure of the continuing vitality of the Barnett Shale.