MIDLAND, TX (KCBD) - The U.S. Geological Survey has assessed significant undiscovered oil and gas resources in the Woodford and Barnett shales of the Permian Basin, finding 28.3 trillion cubic feet of ...
USGS estimates 28.3 Tcf of gas and 1.6 billion barrels of oil are technically recoverable in the deep Woodford and Barnett shales, challenging claims that U.S. shale resources are nearing exhaustion.
A new assessment of Woodford and Barnett shales in the Permian Basin show operators’ exploration of these new benches is justified. The U.S. Geological Survey released its assessment of undiscovered ...
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