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Apache discovers 3 billion barrels of oil in West Texas

from Houston Chronicle

The Houston oil exploration company Apache has made one of the biggest U.S. oil and gas discoveries in years, finding the equivalent of more than 15 billion barrels of oil in a relatively unknown quadrant of West Texas's Permian Basin, the company said Sept. 7. Depending on how much oil and gas can be recovered, the discovery could rank among the top finds of the last decade. more

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