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Assessment of undiscovered oil and gas resources in the Spraberry Formation of the Midland Basin, Permian Basin Province, Texas, 2017

May 30, 2017

Using a geology-based assessment methodology, the U.S. Geological Survey estimated mean resources of 4.2 billion barrels of oil and 3.1 trillion cubic feet of gas in the Spraberry Formation of the Midland Basin, Permian Basin Province, Texas.