As follows from the report, published on the website of the U.S. Geological Survey (USGS), the largest unused oil and gas fields in the United States history were discovered in the state of Texas.
Recoverable reserves of the Wolfcamp deposit in Texas are estimated at 20 billion barrels of oil, 16 trillion cubic meters of natural gas, and 1.6 billion barrels of gas condensate. It is 3 times bigger than the reserves of Bakken-Three Forks, discovered in 2013. Until now, the deposit Bakken-Three Forks was considered the largest in the U.S. history.
“The fact that this is the largest assessment of continuous oil we have ever done just goes to show that, even in areas that have produced billions of barrels of oil, there is still the potential to find billions more,” said Walter Guidroz, program coordinator for the USGS Energy Resources Program.