There are 184 billion cubic feet of gas and 12 million barrels of oil under the Eagle Ford. That’s the assessment of the U.S. Geological Survey (USGS), which on June 24 released its report of undiscovered gas and oil in the Buda Limestone formation near the Texas Gulf Coast. Since production began around 1930, the Buda Limestone has produced 204 million barrels of oil, 10 days’ U.S. consumption at the 2025 rate, and 287 billion cubic feet of gas, three days’ consumption for the United States. The Eagle Ford Group, one of the most abundant sources of U.S. energy, lies above the Buda and is the primary source for its undiscovered oil and gas.
USGS Director Ned Mamula said, “The U.S. economy and our way of life depend on energy, and USGS oil and gas assessments point to resources that industry hasn’t discovered yet. In this case, the Buda Limestone has little remaining undiscovered oil or gas, indicating a need for new resources.”
Related: USGS says Woodford, Barnett shales in Permian contain 1.6 billion barrels of oil
Leave a Reply