According to information provided by Tudor, Pickering & Holt, Barnett Shale production is now at record highs of about 5.6 billion cubic feet per day. The previous peak production was in 2008 at 5.3 billion cubic feet per day.
The current record production of 5.6 billion cubic feet per day has been achieved though the drilling rig count in Barnett has declined by about half.
If wells were producing less than expected and declining faster than predicted, how is the Barnett at record high levels of production? Remember the drill rig count is down half so the alleged ponzi schemers are not just drilling more holes.
Sounds like each gas well drilled in Barnett is producing more than was the case--the opposite of a ponzi scheme.
Again the real scandal is the NYT reporter who includes and excludes information in the June 26th and February 27th stories to fit his predetermined sensational and false narrative.