One portion of the giant field, known as the Wolfcamp formation, was found to hold 20 billion barrels of oil trapped in four layers of shale beneath West Texas. That’s almost three times larger ...

Sheffield noted that recoverable reserves were based solely on the Wolfcamp A, B, and D shelves and the Jo Mill formation. The potential is enormous, and "more reserves are yet to be discovered ...

A new assessment of one portion of the oil and gas field known as the Wolfcamp formation, in West Texas’s Permian Basin, has been found to hold 20 billion barrels of oil — almost three times larger ...

Oil and gas production has been on the rise in the Wolfcamp formation of the Permian Basin in recent years, attributable to efficient horizontal drilling and a low cost per barrel, particularly in ...

There's no better place to start your search for the best oil stocks to buy now than deep in the heart of Texas - especially its shale formations. Texas has two of the largest shale formations in ...

The Wolfcamp A&B formations that we will discuss in detail in relation to the Noble Energy acquisition, are the thickest, and least "lensy" in these counties which drives the Pad Style Simulfrac ...

This move could potentially fetch more than $2 billion. The JV, focused on the Wolfcamp formation, spans approximately 83,000 net acres in the Permian Basin of Texas. This region has been ...

They also include 30 operated horizontal drilling locations targeting the prolific Wolfcamp formation, along with four drilled but uncompleted wells, the announcement read. More: New Mexico ...

a “shallow” formation lying above the more prolific Bone Spring and Wolfcamp Formations in the Permian Basin. There were over 100 wells producing on Iskandia’s leases in the DMG Formation.