The Eagle Ford Group of Texas contains estimated means of 8.5 billion barrels of oil, 66 trillion cubic feet of natural gas, and 1.9 billion barrels of natural gas liquids, according to a new assessment by the U.S. Geological Survey. This estimate consists of undiscovered, technically recoverable resources in continuous accumulations.
“Texas is so well-known for its history of oil and gas production that it’s almost synonymous with petroleum,” said Dr. Jim Reilly, USGS Director. “Texas continues to remain in the forefront of our Nation's energy supply chain with remarkable increases in production and reserves due to the revolutionary unconventional techniques used to release previously unrecoverable resources.”
The Eagle Ford Group stretches from the Texas-Mexico border to the west, across portions of southern and eastern Texas to the Texas-Louisiana border to the east. It is one of the most prolific continuous accumulations in the United States, and is comprised of mudstone with varying amounts of carbonate.
“The USGS provides value to the Nation by delivering unbiased assessments of U.S. and global energy resources,” said Dr. Reilly. “We regularly reassess potential resources, as we have for the Eagle Ford in this report, in response to changes in estimated ultimate recovery as new techniques or productive horizons are pioneered.”
Continue reading at USGS.
Image via USGS.