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Tuesday, November 15, 2016

Assessment of Undiscovered Continuous Oil Resources in the Wolfcamp Shale of the Midland Basin, Permian Basin Province, Texas, 2016

Press Release & Publication 
This is the largest estimate of continuous oil that USGS has ever assessed in the United States. Using a geology-based assessment methodology, the U.S. Geological Survey assessed technically recoverable mean resources of 20 billion barrels of oil and 16 trillion cubic feet of gas in the Wolfcamp shale in the Midland Basin part of the Permian Basin Province, Texas.


Monday, November 14, 2016

Assessment of undiscovered continuous oil and shale-gas resources in the Bazhenov Formation of the West Siberian Basin Province, Russia, 2016

USGS Publication: Fact Sheet 2016-3083
Using a geology-based assessment methodology, the U.S. Geological Survey estimated mean continuous resources of 12 billion barrels of oil and 75 trillion cubic feet of gas in the Bazhenov Formation of the West Siberian Basin Province, Russia...

Wednesday, November 09, 2016

Assessment of undiscovered oil and gas resources of the Lusitanian Basin Province, Portugal, 2016

USGS Publication: Fact Sheet 2016-3086
Using a geology-based assessment methodology, the U.S. Geological Survey assessed mean undiscovered, technically recoverable resources of 121 million barrels of oil and 212 billion cubic feet of gas in the Lusitanian Basin Province, Portugal...

Wednesday, November 09, 2016

Assessment of undiscovered oil and gas resources of the Mississippian Sunbury shale and Devonian–Mississippian Chattanooga shale in the Appalachian Basin Province, 2016

USGS Publication: Fact Sheet 2016-3085
Using a geology-based assessment methodology, the U.S. Geological Survey estimated mean undiscovered, technically recoverable continuous resources that total 464 million barrels of oil and 4.08 trillion cubic feet of gas in the Lower Mississippian Sunbury Shale and Middle Devonian–Lower Mississippian Chattanooga Shale of the Appalachian Basin Province...

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