Gas production in the Barnett Shale will decline through 2030, but will still be a major contributor to U.S. natural gas production through 2030, a new study reported today. The study, by the Bureau of Economic Geology at UT-Austin, found that 44 trillion cubic feet of recoverable product from the shale.
“Drilling in the better rock won’t last forever,” said Scott Tinker, director of the BEG and co-principal investigator for the study. “But there are still a few more years of development remaining in the better rock quality areas.”
Buried at the bottom of the UT announcement is this magical little note:
The University of Texas at Austin is committed to transparency and disclosure of all potential conflicts of interest of its researchers. Co-Principal Investigator Scott Tinker sits on advisory boards of three oil and gas companies — BP’s Technical Advisory Council, Geo Fossil Fuel’s Advisory Committee, and P&P LLC’s Advisory Board — and receives compensation from them. Tinker also serves on the Geosciences Advisory Board of Sandia National Lab and several university and professional society boards, foundations and advisory committees, and speaks on occasion to industry groups or private companies for honorarium. Team members Eric Potter and John Browning hold stock in oil and gas companies. The university is not aware of potential conflicts of interest for any of the other team members.
