Geological

An estimated 85.4 Tcf of undiscovered, technically recoverable gas from natural gas hydrates may be available on the Alaskan North Slope, according to a U.S. Geological Survey (USGS) assessment released last Wednesday.

An estimated 85.4 Tcf of undiscovered, technically recoverable gas from natural gas hydrates may be available on the Alaskan North Slope, according to a U.S. Geological Survey (USGS) assessment released Wednesday.

North of the Arctic Circle 25 frigid fields may hold as much as 1,670 Tcf of natural gas, 90 billion bbl of oil, and 44 million bbl of natural gas liquids (NGL) still to be discovered, an appraisal by the U.S. Geological Survey (USGS) reported last week.

North of the Arctic Circle 25 frigid fields may hold as much as 1,670 Tcf of natural gas, 90 billion bbl of oil, and 44 million bbl of natural gas liquids (NGL) still to be discovered, an appraisal by the U.S. Geological Survey (USGS) reported Wednesday.

Louisiana Gov. Kathleen Blanco said last week that new estimates by the U.S. Geological Survey (USGS) that show 217 square miles of Louisiana wetlands were washed away by hurricanes Katrina and Rita provide strong support for her legal action against the Minerals Management Service’s (MMS) recent western Gulf oil and gas lease sale.

Louisiana Gov. Kathleen Blanco said Wednesday that new estimates by the U.S. Geological Survey (USGS) that show 217 square miles of Louisiana wetlands were swept away by hurricanes Katrina and Rita provide strong support for her legal action against the Minerals Management Service’s (MMS) recent western Gulf oil and gas lease sale.

Falcon Natural Gas Corp. (FNGC) shares gained a penny Thursday to end the day at $1.25 after a geological consulting firm concluded that its gas prospect in South Texas “will most likely be the next giant field discovered in the United States.” However, the company has not even done any exploration on field and provided few details to back up that statement.

For the first time, the Department of Interior’s U.S. Geological Survey (USGS) and an international research team have proven that it is technically feasible to produce natural gas from gas hydrates, the naturally occurring “ice like” combination of natural gas and water that may be more abundant than conventional gas supplies — especially in Arctic regions like the Mackenzie Delta.

A new report by the U.S. Geological Survey (USGS) shows an overall slightly improved outlook for unconventional natural gas potential in five “priority” Rockies basins.