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Massive Oil Discovery by USGS Could be Largest Ever in America

November 16, 2016 By Young Research

A 20 billion barrel shale deposit found in the Midland Basin of Texas could be America’s largest ever untapped oil discovery. The shale deposit is known as the Wolfcamp, and could be worth up to $900 billion at a West Texas Intermediate crude price of $45.

wolfcamp-shale

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