Drillers say they have discovered a huge oil and gas field in the Permian Basin in Texas. Fuelfix.com:
"The Houston-based oil exploration company Apache has made a significant discovery in West Texas’s Permian Basin, estimated at 75 trillion cubic feet of natural gas and more than 3 billion barrels of oil — nearly the equivalent of an entire year of U.S. crude production, the company announced on Wednesday.
"The new field sits in the southern portion of the Delaware Basin, the Permian’s western and southern half. It is primarily in Reeves County, south of New Mexico, near the Davis Mountains. Apache is calling the field the 'Alpine High.'”
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