EXPLORATION

USGS identifies monster resource in Permian

THE US Geological Survey has identified the largest continuous oil and gas resource potential in the United States, in the Wolfcamp Shale and overlying the Bone Spring Formation in the Delaware Basin of Texas and New Mexico's Permian Basin province.

USGS identifies monster resource in Permian

  The Permian is already one of the premier producing provinces in the nation, and the updated estimate adds significantly more again.    According to an assessment by USGS the Wolfcamp Shale and...

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