Breitling Oil and Gas Texas and California Morning Podcast #348

The new Spraberry Wolfcamp could possibly become the largest oil and gas discovery in the world I believe.    With 50 billion boe in recoverable reserves to date, Wolfcamp is bigger than the Bakken in North Dakota and South Texas’s Eagle Ford shale.

Geographically, Wolfcamp is comparable to other plays. A unique feature that puts it ahead of other plays is its variety of geological zones. The play contains 3,500-4,000 ft of shales, which is more like 3-4 million acres when considered in 3D space

Based on recoverable reserves, the Wolfcamp is second only the Ghawar field in Saudi Arabia. I believe this field will reach 100 billion boe recoverable reserves after its all said and done.

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