Tag: estimate

20 billion barrels of oil in Texas’ Wolfcamp shale formation – USGS

20 billion barrels of oil in Texas’ Wolfcamp shale formation – USGS

Wolfcamp largest estimate of continuous oil that USGS has ever assessed in the US The Wolfcamp shale in the Midland Basin portion of Texas’ Permian Basin province contains an estimated mean of 20 billion barrels of oil, 16 trillion cubic feet of associated natural gas, and 1.6 billion barrels of natural gas liquids, according to […]

By November 16, 2016 0 Comments Read More →