he U.S. Geological Survey has assessed significant undiscovered oil and gas resources in the Woodford and Barnett shales of the Permian Basin, finding 28.3 trillion cubic feet of technically recoverable gas and 1.6 billion barrels of oil.
Natural gas production in the Permian Basin hit a record in 2022, the Energy Information Administration reported, with the total at 21 billion cubic feet daily
The Public Interest and Accountability Committee (PIAC) has entreated the government to speed up the sustainable development of petroleum resources to reverse the decline in the production of petroleum products.
Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC) Opoku-Ahweneeh Danquah has said, he remains committed in building and sustaining a robust state petroleum entity and won’t be distracted by few dissenting elements within the system.