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Assessment of Permian tight oil and gas resources in the Junggar basin of China, 2016

April 5, 2017

Using a geology-based assessment methodology, the U.S. Geological Survey estimated undiscovered, technically recoverable mean resources of 764 million barrels of oil and 3.5 trillion cubic feet of gas in tight reservoirs in the Permian Lucaogou Formation in the Junggar basin of northwestern China.