Software, data and services for the
upstream oil and gas industry.


Spring 2010

 

Barnett Shale Play Lease Activity



Leasing activity in the Barnett Shale has definitely slowed. We're taking a look at the activity for the last six months where we have data, August 2009 - January of 2010. Core counties that saw some lease activity include Denton County, Tarrant County, and Johnson County.



New Leases Filed, August 2009 - January 2010



Click the picture to enlarge.


  August September October November December January Total
Cooke 32 76 103 68 54  66 399
Denton 328  310  67 342 300 12 1,359
Ellis  2 4 6  2 10 0 24
Jack  255 1  124 108 11 42 541
Johnson 251  374  625  452  446 606 3,020
Palo Pinto 57  17 64   2 36 3 197
Parker 23 17 41  32 58  21 192
Tarrant 2,381  2,204  2,101  1,554  2,209 1,808 12,257
Wise 185  74 188 88 69  119 723

Total: 18,712 leases filed, -75% from the same period the year before.


Comparing year over year


Looking back at the same period a year before, you can see a dramatic difference in activity. Denton, Tarrant, and Ellis counties saw the biggest drops. The only county to see more lease activity was Cooke.



Percent change in leases filed, Aug. 2008 - Jan. 2009 vs. Aug. 2009 - Jan. 2010




Click the picture to enlarge.


Barnett Shale Play leases filed, August 2008 - January 2009


  August September October November December January Total
Cooke  40  97  0 58  41  1 237
Denton  143  442 654  2,823 2,799 4,064 10,925
Ellis  25 33  23  22 3  9 115
Jack 168 339  129 89 236 172 1,113
Johnson  1,201  1,697  1,326  1,362  837  502 6,925
Palo Pinto  28 30  89  60 53  49 309
Parker  107 50 48  24 32 19 280
Tarrant 13,246 9,261 10,802  7,110 7,840 5,343 53,602
Wise 50 108  88  163  306  200 1,010

Total: 74,536 leases filed.




By licensing Tobin Lease Data, you'll receive lease locations, lessee, lessor, the lease term, royalty, acreage, and volume and page number as obtained by the courthouse. The data is available in a variety of formats. Click here to receive a quote.

Share these Barnett Shale numbers with a colleague or post them on your blog using our convenient "Share This" link below.