No, this is a continuation of the story from the original TV show, set around 20 years after the original show ended. Whereas the original series focused on the bitter fight for control of Ewing Oil between brothers J.R. & Bobby Ewing, this new series mainly focuses on their respectives sons, John Ross & Christopher and their new company Ewing Energies. However, Bobby, J.R. and Sue Ellen Ewing all have major roles in the new show.