Topaz Area Of Operation
Topaz has focused its attention on North-Central producing formations located within approximately 15 counties immediately northwest of Dallas, Texas. Within these counties, the Barnett Shale/Newark East field has become one of the biggest natural gas plays and drilling booms in the continental United States and the largest producing gas field in Texas. Topaz has access to an extensive portfolio of producing and to-be-developed natural gas properties/projects throughout north, central and west Texas.
The Barnett Shale/Newark East field has become one of the biggest natural gas plays and drilling booms in the continental United States and the largest producing gas field in Texas. The Barnett is located within approximately 15 counties immediately northwest of Dallas, Texas. Improved completion techniques have allowed operators to more than double daily production in the Barnett since 2006 to about 4 billion cubic feet ("Bcf") per day from over 6,000 Barnett wells. The drilling activity is intense with ±70 rigs running in the area. The play has drawn attention from small/fledgling participants to some of the nation's largest public energy companies.
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