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December 8, 2021

Barnett Shale (Sage Natural Resources LLC) TX Unconventional Gas Field, US

By Carmen

Barnett Shale (Sage Natural Resources LLC) TX is a producing unconventional gas field located onshore the US and is operated by Sage Natural Resources.

Field participation details

The field is owned by Sage Natural Resources.


Production from Barnett Shale (Sage Natural Resources LLC) TX

The Barnett Shale (Sage Natural Resources LLC) TX unconventional gas field recovered 42.33% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 0.1 thousand bpd of crude oil and condensate and 102 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2031.


Remaining recoverable reserves

The field is expected to recover 24.89 Mmboe, comprised of 0.09 Mmbbl of crude oil & condensate and 148.8 bcf of natural gas reserves. Barnett Shale (Sage Natural Resources LLC) TX unconventional gas field reserves accounts 0.02% of total remaining reserves of producing unconventional gas fields globally.


About Sage Natural Resources

Sage Natural Resources LLC (Sage) is engaged in the provision of Developing oil and natural gas properties. Sage is headquartered in Texas, 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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