US sits on billions of untapped oil barrels
USGS reports 29.4 billion barrels of untapped oil on US federal lands, with Alaska holding the largest share at 14.46 billion barrels.
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USGS reports 29.4 billion barrels of untapped oil on US federal lands, with Alaska holding the largest share at 14.46 billion barrels.
Explore how combining renewables with oil and gas leases boosts land use, diversifies income, and supports a sustainable energy future.
USGS estimates US federal lands hold 29.4B barrels of oil, 391.6T cu ft of gas—enough for 4 years of oil, 12 years of gas at current use.
Crude oil prices are set for a third consecutive weekly gain due to ongoing hostilities between Israel and Iran.
Learn how inflation affects oil and gas royalties, from income and taxes to asset value and strategy. Protect your wealth with informed planning.
Chevron and Halliburton developed intelligent, automated hydraulic fracturing with real-time feedback to boost efficiency and performance.
Oil prices jumped almost 7% on Friday to multi-month highs after Israel launched strikes against Iran, sparking Iranian retaliation and raising worries about a disruption in Middle East oil supplies.
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Oklahoma drilling stays strong despite a 2-rig drop; Cana Woodford up 2, Granite Wash down 1, others mostly unchanged or steady.
Gov. Greg Abbott signed new laws to support Texas oil and gas and promote long-term growth in the Permian Basin.
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