New Val Verde basin assessment adds gas to Texas’s overall resources
Texas added 5 trillion cubic feet of natural gas to its reserves courtesy of a new report from the U.S. Geological Survey.

The U.S.G.S. said that its geology-based assessment methodology pegs the resources in place in the Val Verde Basin at 5 Tcf of tight gas and 187 MMBO of natural gas liquids in tight-gas assessment units in the Canyon sandstones.

On the map, the Val Verde is located southeast of the Midland basin.

Delaware, Midland, Val Verde Basins

Approximate...


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