Potential for Additional Oil Recovery in Texas

Texas has long been a major oil province, accounting for nearly 40 percent of the historic production of crude oil in the United States. Texas now holds less than 30 percent of the Nation's proven reserves and less than 15 percent of its estimated as-yet-undiscovered oil. Discovery and conventional production of oil in Texas have peaked, but more than 100 billion barrels of oil now classed largely as unrecoverable still exist in Texas. This oil, even with the geologic, technical, and economic constarints on its recovery, constitutes a major target for future production.