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USGS Estimates 20 Billion Barrels of Oil in Texas’ Wolfcamp Shale Formation:This is the largest estimate of continuous oil that USGS has ever assessed in the United States.  

November 15, 2016 2:26 PM

Permian’s Wolfcamp formation called biggest shale oil field in U.S.

Source: Joyce Marshall Star-Telegram   

  

 

ExxonMobil bulks up with $6.6 billion Delaware deal

Company has more than doubled its Permian Basin resources to 6 billion barrels

Updated 3:00 pm, Thursday, January 19, 2017