Item talk:Q57390

Assessment of oil and gas resources in the Upper Jurassic Haynesville and Bossier Formations, U.S. Gulf Coast, 2016

The U.S. Geological Survey completed a geology-based assessment of undiscovered, technically recoverable oil and gas resources in the Haynesville and Bossier Formations of the onshore and State waters portion of the U.S. Gulf Coast region. Haynesville Formation conventional oil and gas production began in the late 1930s, whereas Bossier Formation production began in the early 1970s. Production of continuous gas resources from both formations began in 2006–7. Most of the current activity is focused on natural gas production from Haynesville and Bossier shales using horizontal wells and hydraulic fracturing. In 2016, the U.S. Geological Survey assessed technically recoverable mean resources of 4 billion barrels of oil and 304.4 trillion cubic feet of gas in the Haynesville and Bossier Formations of the onshore and State waters portion of the U.S. Gulf Coast region.