Domain: tiger-web1.srvr.media3.us Geological survey in Texas uncovers 1.6 billion barrels of oil | O-T Lounge
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Geological survey in Texas uncovers 1.6 billion barrels of oil

Posted on 1/15/26 at 2:04 pm
Posted by ragincajun03
Member since Nov 2007
27915 posts
Posted on 1/15/26 at 2:04 pm
quote:

PERMIAN BASIN - A recent U.S. Geological Survey assessment of previously undiscovered gas and oil in Texas' Permian Basin has found that there are enough resources there to fuel the entire nation for months.

The gas and oil, measured in trillions of cubic feet and billions of barrels, are located in the Woodford and Barnett shale, which to date have produced only a day's worth of U.S. oil consumption.

The assessment found that there are technically recoverable resources of 28.3 trillion cubic feet of gas and 1.6 billion barrels of oil, the USGS said in their Wednesday release.

According to the USGS, that's enough gas to supply the United States for 10 months at the current rate of consumption, and enough oil for 10 weeks.

The Woodford and Barnett shales, which stretch from the Permian Basin to southeastern New Mexico, have produced about 26 million barrels of oil since the late 90s, the USGS said — or enough oil for one day of U.S. consumption.

Due to the depth of these undiscovered deposits, USGS said, it was impossible to get to them before today's more advanced production technologies.


LINK

BOOM! Take that, Venezuela!
Posted by Deep Purple Haze
LA
Member since Jun 2007
68784 posts
Posted on 1/15/26 at 2:06 pm to
landman
Posted by fr33manator
Baton Rouge
Member since Oct 2010
133820 posts
Posted on 1/15/26 at 2:09 pm to
Sounds like some palms will be getting greased
Posted by Shexter
Prairieville
Member since Feb 2014
19424 posts
Posted on 1/15/26 at 2:12 pm to
Still trying to figure out how this dude got the cute Mexican chic










But dammit, I now need to check into that physical therapy stuff

This post was edited on 1/15/26 at 2:15 pm
Posted by redstick13
Lower Saxony
Member since Feb 2007
40578 posts
Posted on 1/15/26 at 2:14 pm to
What about the other 2 months in the year?
Posted by JasonDBlaha
Woodlands, Texas
Member since Apr 2023
3562 posts
Posted on 1/15/26 at 2:15 pm to
We already have enough oil reserves in the US to where we shouldn’t have to rely on a bunch of low IQ ragheads to get it for us.
This post was edited on 1/15/26 at 2:18 pm
Posted by nicholastiger
Member since Jan 2004
54397 posts
Posted on 1/15/26 at 2:15 pm to
I guess that means we will get Season 3 of Landman
Posted by ragincajun03
Member since Nov 2007
27915 posts
Posted on 1/15/26 at 2:23 pm to
quote:

What about the other 2 months in the year?


Do without. Tis a small sacrifice in the grand scheme of saving our planet from extinction.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
138233 posts
Posted on 1/15/26 at 2:24 pm to
Now all we need is a metro limey to get it out of the ground
Posted by VolsOut4Harambe
Atlanta, GA
Member since Sep 2017
13883 posts
Posted on 1/15/26 at 2:27 pm to
quote:

I guess that means we will get Season 3 of Landman



Tommy will start his own company and dominate M-Tex.

Or he will die in an explosion and the show will abruptly end.

Taylor Sheridan is so predictable.
Posted by ragincajun03
Member since Nov 2007
27915 posts
Posted on 1/15/26 at 2:31 pm to
quote:

We already have enough oil reserves in the US to where we shouldn’t have to rely on a bunch of low IQ ragheads to get it for us.


Looking at latest numbers on the EIA website, for October 2025, OPEC accounted for 14.5% of all our oil imports.
Posted by Eyebesmacinhose
Enterprise, Louisiana
Member since Apr 2017
1782 posts
Posted on 1/15/26 at 2:56 pm to
He’s an Aussie
Posted by timdallinger
Member since Nov 2009
1594 posts
Posted on 1/15/26 at 3:01 pm to
quote:


Looking at latest numbers on the EIA website, for October 2025, OPEC accounted for 14.5% of all our oil imports.

The majority of US crude imports are from Canada. They're shipped on the Enbridge mainline and land in the BP Whiting refinery located on Lake Michigan. This supplies most of the petroleum products for the Midwest.
Posted by Chaz95
Dallas, Texas
Member since Nov 2007
19666 posts
Posted on 1/15/26 at 3:05 pm to


this greasy simp mfer about to hit the lotto!
Posted by tigahfangs
Dallas
Member since Jan 2008
417 posts
Posted on 1/15/26 at 3:08 pm to
We can’t refine our crap lol
Posted by genro
Member since Nov 2011
62497 posts
Posted on 1/15/26 at 3:08 pm to
That is wild I wonder who put those barrels there
Posted by real turf fan
East Tennessee
Member since Dec 2016
11395 posts
Posted on 1/15/26 at 3:13 pm to
That DOESN'T include other shale oil or the east Texas fields or anything that might be offshore.
Posted by CitizenK
BR
Member since Aug 2019
14344 posts
Posted on 1/15/26 at 3:20 pm to
quote:

BOOM! Take that, Venezuela!


Venezuelan is much preferred to Eagleford by most refineries.

It all depends on assays of it. From the same wellpad into the same formations, varying amounts of metal contaminants depending on which well. Some have very high iron content, others very high vanadium.

Some of Eagleford is not transportable via pipeline due high paraffin wax content. It gets trucked up to Permian tank batteries to get blended with Permian.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
138233 posts
Posted on 1/15/26 at 6:18 pm to
quote:

He’s an Aussie

He’s not
Posted by Crow Pie
Neuro ICU - Tulane Med Center
Member since Feb 2010
27267 posts
Posted on 1/15/26 at 6:21 pm to
We never were, or ever are, going run out of oil. It was a scam.
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