Bureau of Economic Geology releases assessment of Fayetteville Shale A new study from UT Austin’s Bureau of Economic Geology (BEG) forecasts the Fayetteville Shale will continue to be a major contributor to U.S. natural gas supplies for years to come. The assessment, as described in a summary report in the Oil & Gas Journal, is part of a four-basin study of shale gas reserves funded by the Alfred P. Sloan Foundation. In addition to forecasting long-term production, the Fayetteville study identifies areas where future drilling is likely to occur and under what economic conditions. Read more in a university press release, and for more information on the BEG assessments of the Fayetteville and Barnett Shales and upcoming studies on the Haynesville and Marcellus Shales, visit the BEG-Sloan Foundation Shale Gas Assessment Study website, which includes free links to the summary reports in the Oil & Gas Journal.
Posted on: Wed, 22 Jan 2014 20:45:53 +0000
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