Largest continuous oil and gas resource potential ever

by Eroo 7/1/2019, 08:24

Largest continuous oil and gas resource potential ever

Assessment units of the Wolfcamp Shale and Bone Spring Formation in the Delaware Basin of Texas and New Mexico.
Credit: USGS
Today, the U.S. Department of the Interior announced the Wolfcamp Shale and overlying Bone Spring Formation in the Delaware Basin portion of Texas and New Mexico's Permian Basin province contain an estimated mean of 46.3 billion barrels of oil, 281 trillion cubic feet of natural gas, and 20 billion barrels of natural gas liquids, according to an assessment by the U.S. Geological Survey (USGS). This estimate is for continuous (unconventional) oil, and consists of undiscovered, technically recoverable resources.

https://www.sciencedaily.com/releases/2018/12/181206135643.htm