Midland Basin E&Ps Set to Benefit From Play's Massive Resources
It’s no secret the Permian Basin has enough oil to produce for many years ahead. On November 15, USGS estimated that the Wolfcamp Shale of the Midland Basin alone held an estimated mean 20 billion barrels of oil, 16 trillion feet of associated natural gas, and 1.6 billion barrels of NGLs. This is the largest estimation of continuous, or non-conventional, oil USGS has ever assessed in the U.S.

This is all the more amazing considering the several other layers of oil and gas p...

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