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A map of 48 shale basins in 38 countries, based on US Energy Information Administration data, 2011.. This is a list of countries by recoverable shale gas based on data collected by the Energy Information Administration agency of the United States Department of Energy. [1]
Oil shale formation takes place in a number of depositional settings and has considerable compositional variation. Oil shales can be classified by their composition (carbonate minerals such as calcite or detrital minerals such as quartz and clays) or by their depositional environment (large lakes, shallow marine, and lagoon/small lake settings).
Falcon Oil & Gas Ltd. was an early entrant into the shale gas play of South Africa, obtaining an 11,600-mi2 (30,000-km2) Technical Cooperation Permit (TCP) along the southern edge of the Karoo Basin. Shell obtained a larger 71,400-mi2 (185,000-km2) TCP surrounding the Falcon area, while Sunset Energy holds a 1,780 mi2 (4,600-km2) TCP to the ...
(The data below does not seem to include shale oil and other unconventional sources of oil such as tar sands. For instance, North America has over 3 trillion barrels of shale oil reserves, [ citation needed ] and the majority of oil produced in the US is from shale, leading to the paradoxical data below that the US will finish all its oil at ...
Map of oil shale deposits in Australia. Oil shale deposits, varying by age and origin, are located in Queensland, New South Wales, South Australia, Victoria and Tasmania. [2] As of 2012 the total amount of the demonstrated resource is estimated at 58 billion tonnes. [1]
US shale gas basins, 2011. Shale gas in the United States is an available source of unconventional natural gas.Led by new applications of hydraulic fracturing technology and horizontal drilling, development of new sources of shale gas has offset declines in production from conventional gas reservoirs, and has led to major increases in reserves of U.S. natural gas.
Oil shale does not actually contain oil, but a waxy oil precursor known as kerogen. There is significant commercial production of oil from oil shale in the United States in North Dakota and Montana. Oil-bearing shales in North Dakota and Montana are producing increasing amounts of oil. As of April 2013, US crude production was at a more than 20 ...
In 2016, largely in response to dramatically falling oil prices due to U.S. shale oil output, OPEC signed an agreement with 10 other oil-producing countries to create OPEC+. —-