Wednesday, November 25, 2015

EIA: Texas oil standout for U.S. shale

EIA: Texas oil standout for U.S. shale Washington (UPI) Nov 24, 2015 - More than half of the increase in proven U.S. oil reserves came from Texas and most of that came from two shale basins, a U.S. federal report found. A full-year 2014 profile from the U.S. Energy Information Administration found total U.S. proved oil reserves of 39.9 billion barrels marked a 9 percent increase from the previous year. Total reserves for that year where their highest since ... more http://www.oilgasdaily.com/reports/EIA_Texas_oil_standout_for_US_shale_999.html

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