A new study from the Bureau of Economic Geology (BEG) at The University of Texas at Austin forecasts that one of the nation’s most productive shale gas basins, the Fayetteville Shale, will continue to be a major contributor to U.S. natural gas supplies for years to come, with economically recoverable reserves of 18 trillion cubic… » Continue Reading
New, Rigorous Assessment of Shale Gas Reserves Forecasts Reliable Supply from Barnett Shale Through 2030
A new study, believed to be the most thorough assessment yet of the natural gas production potential of the Barnett Shale, foresees slowly declining production through the year 2030 and beyond and total recovery at greater than three times cumulative production to date. This forecast has broad implications for the future of U.S energy production… » Continue Reading
International energy company Statoil has signed an agreement with The University of Texas at Austin to fund $5 million of research over five years focusing on geology, geophysics and petroleum engineering.
Shell and The University of Texas at Austin today signed a five-year agreement to invest $7.5 million to address short- and long-term challenges facing the growing worldwide unconventional oil and gas industry.
Report urges U.S. to increase combination of carbon capture and storage with enhanced oil recovery to increase domestic oil production while curbing emissions of carbon dioxide.
With a $1.5 million grant from the Sloan Foundation, a team of energy scientists, engineers and economists at The University of Texas at Austin will conduct the first detailed, comprehensive assessment of the country's fastest growing major source of energy, natural gas from shale formations, or shale gas, likely to be one of the country's… » Continue Reading
The University of Texas at Austin will receive up to $19 million to design and monitor a carbon capture and storage demonstration project that will take CO2 from a coal-fired power plant and inject it deep underground. It will be among only a handful of other carbon capture and storage tests around the world using human-made CO2.
Chevron has contributed $1 million to the Bureau of Economic Geology at The University of Texas at Austin's Jackson School of Geosciences. The gift will support the bureau's core research facilities, where scientists study materials in the nation's largest publicly available storehouse of geological cuttings and cores.