WT -- From what little details I understand about the Barnett it's the fracture close factor which has led to refracs efforts. Not sure how common refarcs are but if significant it should only cloud the discussion.

I guess we are back to the same issue--let's look at some leases where new wells are not being added.

In any case, I wonder about the sheer scale of the effort needed to keep steadily increasing the annual number of wells drilled and completed, even if prices were high enough.