Three 9-square mile areas in the Newark East Field were studied to investigate the economic viability of the Barnett shale gas play. The areas chosen corresponded to the 25th, 50th, and 75th percentiles based on average estimated ultimate recovery per well in the areas. The actual drilling and refrac schedule was used for each area along with actual and forecasted production and today's costs and prices to calculate economics on the 329 wells in the areas. Most of the individual wells are not economic under the assumptions of this study. Of the three areas, only the 75th percentile area was economic when considered as a whole. The results are most sensitive to capital costs and gas prices.

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