What kind of natural gas is in the Permian Basin?
What kind of natural gas is in the Permian Basin? Note: LNG is liquefied natural gas. The Permian Basin in western Texas and southeastern New Mexico has seen large increases in natural gas production in recent years. Natural gas produced in the Permian Basin is largely associated natural gas, which is produced as a byproduct of crude oil production. How many trillion cubic feet of natural gas are there? This is a significant increase from the previous USGS assessments of both formations. In 2011, the USGS estimated a mean of 84 trillion cubic feet of natural gas in the Marcellus...