There's Twice as Much Gas in Texas's Barnett Shale Than Thought
- USGS finds 53 trillion cubic feet; in 2003, it found 26.2 tcf
- Since 2003, 16,000 horizontal wells have increased output
This article is for subscribers only.
Texas’s Barnett Shale formation contains 53 trillion cubic feet of natural gas, twice as much as previously estimated, U.S. government researchers said.
The formation also contains 172 million barrels of shale oil and 176 million barrels of natural gas liquids, the U.S. Geological Survey reported Thursday. The estimates are for "undiscovered, technically recoverable" reserves.