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REGIONAL SPOTLIGHT: ARK-LA-TEX
- Article from:
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Oil & Gas Investor
- Article date:
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May 1, 2008
- Author:
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Copyright informationCopyright Hart Energy Publishing, LP May 2008. Provided by ProQuest LLC. (Hide copyright information)
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The Ark-La-Tex region covers 124,000 square miles, and is defined by mature, long-lived production and substantial remaining resource potential. Production is approximately 9.6 billion cubic feet equivalent (Bcfe) per day, 89% gas. It holds the second-largest remaining resource potential in the U.S., with an estimated 86.7 trillion cubic feet equivalent (Tcfe) of resources in the ground. Estimated proved reserves are 47.3 Tcfe, making it the second-largest proved-reserve base in the U.S.
The region is dominated by Barnett shale production in the Fort Worth Basin and stacked multi-pay production from the Cotton Valley and Travis Peak in East Texas and northern Louisiana. Geology is diverse ...