Global Exploration and Resources Acquires East Texas Prolific Woodbine Oil Play
Global Exploration and Production teams up with Easter Seals Foundation in the development of the most prolific oil development in the continental United States. The Cayuga has produced millions of barrels of oil since the early 1900's. The mature, super-giant East Texas field has been the most productive oil field in the U.S. lower 48 states and the second largest in the country. From its discovery in 1930 through mid- 2007, it produced 5.42 billion stock tank barrels of oil (BSTB) from the siliciclastic Upper Cretaceous (Cenomanian) Woodbine Group. Its calculated ultimate ...

