Feds Discover Largest Oil, Natural-Gas Reserve in History

  • The federal government has discovered a massive new reserve of oil and natural gas in Texas and New Mexico that it says has the “largest continuous oil and gas resource potential ever assessed.”
  • The Delaware Basin contains an estimated 46 billion barrels of oil, 281 trillion cubic feet of natural gas and 20 billion barrels of natural gas liquids.
  • Fracking And Methane in North Texas Groundwater?

    Water wells with high levels of methane can be at risk of exploding, but researchers who looked at the issue in the Dallas-Fort Worth area say fracking isn’t to blame….

    Calfrac revenue doubles as oil price rebound

    On Tuesday, Calgary-based Calfrac Well Services Ltd. reported it more than doubled its first-quarter revenue compared with the same period last year and is reactivating equipment it parked over the…