Daily News Energy Headlines from December 18, 2015

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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

PRODUCTION
USGS Doubles Recoverable Gas Estimates in Barnett Shale - The United States Geological Survey released a report on Thursday that the Barnett Shale holds 53 trillion cubic feet (Tcf) of "undiscovered, technically recoverable" natural gas, more than doubling its previous 2003 estimate of 26.3 Tcf.

BP Purchases Devon Energy Land in Colorado, New Mexico - BP plc (NYSE:BP) (London, England) has purchased Devon Energy's (NYSE:DVN) (Oklahoma City, Oklahoma) oil and gas production land in the San Juan Basin in Colorado and New Mexico for an undisclosed sum.

POWER
Southern Acquires Stake in California Solar Facility - Southern Company (NYSE:SO) (Atlanta, Georgia) announced that its subsidiary Southern Power has acquired a controlling interest in the 200-megawatt Garland solar facility under construction in Kern County, California, from Recurrent Energy.

North America's Power Transmission & Distribution Projects See $1.1 Billion Jolt in Spending for First-Quarter 2016 - The booming development of shale gas and the widespread growth of wind power, which has more than quadrupled in the past seven years, have contributed to $1.13 billion in transmission and distribution (T&D) projects across North America that are set to begin construction in first-quarter 2016.

Alterra Power, Starwood Energy 202-MW Texas Windfarm Begins Commercial Operations - Alterra Power (Vancouver, British Columbia) and Starwood Energy Group Global LLC (Greenwich, Connecticut) have announced their jointly-owned Shannon windfarm in Clay County, Texas has begun commercial operations.

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About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.