Cline formation could be bigger than Eagle Ford, experts say

02/24/2013 | FuelFix.com

The Cline Shale formation in West Texas could be bigger than prolific shale plays in Texas and North Dakota, observers say. The Cline play could contain about 30 billion barrels of oil in recoverable reserves, which is higher than the combined reserves estimates for the Eagle Ford Shale and Bakken Shale. "The big thing in the Cline is that results so far have been good," said Benjamin Shattuck, a Wood Mackenzie analyst.

View Full Article in:

FuelFix.com

Published in Brief: