Huge Amounts of Oil In Texas and New Mexico

Wow. There is no shortage of oil in Texas and New Mexico!

USGS Announces Largest Continuous Oil Assessment in Texas and New Mexico

Estimates Include 46.3 Billion Barrels of Oil, 281 Trillion Cubic feet of Natural Gas, and 20 Billion Barrels of Natural Gas Liquids in Texas and New Mexico’s Wolfcamp Shale and Bone Spring Formation.

 

Image shows a map of the assessment units of the 2018 Delaware Basin oil and gas assessment

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