Fossil Fuel Formation Found in New Mexico & Texas Called Largest Oil Reserve in U.S.

According to a new report by the USGS Southeastern, New Mexico and West Texas are sitting on a sea of recoverable fossil fuel reserves in the Delaware Basin.

The U.S. Department of the Interior said underground layers in the Delaware Basin contain more than 46 billion barrels of oil and 281 trillion cubic feet of natural gas. They are the largest oil and gas reserves ever announced by the USGS anywhere in the U.S., turning the Permian Basin in New Mexico and Texas into a major area for fossil fuel mining and extraction with some of the largest recoverable reserves in the world.

The total reserves in the area could be far larger because the USGS only looked at the Wolfcamp and Bone Spring formations, just two of the many layers of shale in the Delaware Basin.



Photo: “Pumpin’” by Raúl Santos de la Cámara is licensed under CC BY-SA 2.