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The Hill’s Group Response To The USGS Wolfcamp Shale 20 Billion Barrel Deposit

Saturday, November 19, 2016 19:58
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(Before It's News)

srsroccoreport.com / by SRSrocco on November 19, 2016

(The Hill’s Group),

Yes, the magic words; “technically recoverable”. I wonder how much “technically recoverable” oil is on Mars? There may be a lot, but oil that will ever see the surface of the Martian landscape is a different matter. Those would be reserves, and at $45/ barrel there is exactly zero. The same that can be said for the Wolfcamp.


I asked The Hill’s Group what they thought of the recent USGS announcement of the 20 billion barrel Wolfcamp shale Deposit in Texas:

Release Date: November 15, 2016

This is the largest estimate of continuous oil that USGS has ever assessed in the United States.

wolfcamp-shale

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The post The Hill’s Group Response To The USGS Wolfcamp Shale 20 Billion Barrel Deposit appeared first on Silver For The People.

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