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USGS Updates Oil and Gas Outlook for Woodford and Barnett Shales in Permian Basin
January 20, 2026
WASHINGTON, Jan. 20 (TNSLrpt) -- The U.S. Geological Survey has released Fact Sheet 2026-3059, titled 'Assessment of Undiscovered Continuous and Conventional Oil and Gas Resources in the Woodford and Barnett Shales of the Permian Basin Province, Texas and New Mexico, 2025,' by the Permian Basin Province Assessment Team led by Andrea D. Cicero, estimating the remaining technically recoverable resources in these two major shale systems. Issued in January 2026 by the U.S. Department of th . . .

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