Cool news on the energy front

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Real dependable energy and not sunbeams and puffs of wind. From the U.S. Geological Survey

USGS Estimates 304 Trillion Cubic Feet of Natural Gas in the Bossier and Haynesville Formations of the U.S. Gulf Coast
The Bossier and Haynesville Formations of the onshore and State waters portion of the U.S. Gulf Coast contain estimated means of 4.0 billion barrels of oil, 304.4 trillion cubic feet of natural gas, and 1.9 billion barrels of natural gas liquids, according to updated assessments by the U.S. Geological Survey. These estimates, the largest continuous natural gas assessment USGS has yet conducted, include petroleum in both conventional and continuous accumulations, and consist of undiscoveredtechnically recoverable resources.

A bit more including a statement:

“As the USGS revisits many of the oil and gas basins of the United States, we continually find that technological revolutions of the past few years have truly been a game-changer in the amount of resources that are now technically recoverable," said Walter Guidroz, Program Coordinator of the USGS Energy Resources Program. "Changes in technology and industry practices, combined with an increased understanding of the regional geologic framework, can have a significant effect on what resources become technically recoverable. These changes are why the USGS remains committed to performing the most up-to-date assessments of these vital resources throughout the United States and the world.”

This is the largest known gas field in the USA.  Secretary of the Interior Ryan Zinke was stoked.

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This page contains a single entry by DaveH published on April 15, 2017 4:30 PM.

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