February 22, 2018

Dramatic Decline Rates of 4 Gas Fields Confirmed by Industry Study

This report (click here) shows the dramatic decline rates of 4 gas fields –

Barnett, Fayetteville, Woodford and Haynesville.  Nearly 2,000 horizontal shale gas wells were included in this study, so these rates are not statistical flukes.

To examine the history of any era or series of events, one must have a statistically significant database. One or two points do not define a trend. Accordingly, the portion of a shale gas production decline rate study detailed in this article [has examined] wells in the Barnett, Fayetteville, Woodford and Haynesville plays. The following figures from the report clearly show the rapid downward trend in production.