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Return of the Austin Chalk
June 18, 2018
Source: Oil Price

Return of the Austin Chalk

While shale from Permian Base has occupied all the limelight in the recent times, the forgotten oil source of the 90s has slowly started to emerge from the shadows. This assumption gains strength from the fact that oil majors including ConocoPhillips, Marathon Oil, and EOG Resources have purchased some 600,000 acres in the chalk formation that runs from the Mexico-Texas, in last six months.

   Read More About : ConocoPhillips UPSTREAM Austin Chalk
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