June 24, 2025--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--In its first such evaluation since the pre-shale revolution days of 1998, the U.S. Geological Survey (USGS) on June 20 released "An Estimate of Undiscovered, Technically Recoverable Oil and Gas Resources Underlying Federal Lands of the Onshore United States, 2025." Compiling previously published reports that included 579 assessment units, subdivisions of the nation's 69 geologic provinces, the USGS found that formations under federal lands hold 29.4 billion barrels of oil, 391 trillion cubic feet (Tcf) of natural gas, and 8.4 billion barrels of natural gas liquids.
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