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December 7, 2021

Barnett Shale (Bluestone Natural Resources, Llc) TX Unconventional Gas Field, US

By Carmen

Barnett Shale (Bluestone Natural Resources, Llc) TX is a producing unconventional gas field located onshore the US and is operated by BlueStone Natural Resources.

Field participation details

The field is owned by BlueStone Natural Resources.


Production from Barnett Shale (Bluestone Natural Resources, Llc) TX

The Barnett Shale (Bluestone Natural Resources, Llc) TX unconventional gas field recovered 37.01% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 0.16 thousand bpd of crude oil and condensate and 260 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2040.


Remaining recoverable reserves

The field is expected to recover 116.77 Mmboe, comprised of 0.36 Mmbbl of crude oil & condensate, 622.9 bcf of natural gas reserves and 12.59 Mmbbl of natural gas liquid reserves. Barnett Shale (Bluestone Natural Resources, Llc) TX unconventional gas field reserves accounts 0.09% of total remaining reserves of producing unconventional gas fields globally.


About BlueStone Natural Resources

BlueStone Natural Resources LLC (BlueStone Natural Resources) is an upstream oil and gas exploration and development company. The company acquires, explores, and develops oil and natural gas properties in South and East Texas, and across the continental US. It evaluates acquisitions through property analysis and formal documentation. BlueStone Natural Resources operational areas include Delaware Basin, Barnett Shale, and South Texas areas, among others. The company also develops patented drilling process for use while drilling with oil-based mud. The company partners with other oil and gas companies for its exploration activities. It operates in Tulsa, Zapata, and Glen Rose, the US. BlueStone Natural Resources is headquartered in Tulsa, Oklahoma, the US.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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