WASHINGTON—The U.S. Department of Energy’s (DOE) Hydrocarbons and Geothermal Energy Office (HGEO) announced up to $150 million in federal funding for cost-shared projects aimed at advancing three critical priorities for the U.S. oil and natural gas industry—dramatically improving recovery efficiency from unconventional oil and gas reservoirs, advancing hydraulic fracture characterization technologies, and developing innovative solutions for produced water management. This initiative advances resident Trump’s Executive Order , “Unleashing American Energy,” and the Secretarial Order “Unleashing the Golden Era of Energy Dominance,” to provide affordable, reliable, and secure energy to all Americans through the responsible development of our nation’s abundant domestic oil and natural gas supplies.
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