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A $900 Billion Oil Treasure Lies Beneath West Texas Desert

EghtesadOnline: In a troubled oil world, the Permian Basin is the gift that keeps on giving. 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 the desert in West Texas, the U.S. Geological Survey said in a report on Tuesday.
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Publish Date:16/November/2016 | 11:11