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In 1924, the Tallinn Power Plant was the first power plant in the world to switch to oil shale firing. [5] Following the end of World War II, the oil shale industry declined due to the discovery of large supplies of easily accessible and cheaper crude oil. [1] [4] [6] [7] Oil shale production however, continued to grow in Estonia, Russia and China.
Top 5 oil-producing countries 1980–2022 World oil production. This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.
This list of oil fields includes some major oil fields of the past and present. Countries by proven oil reserves 2017. The list is incomplete; there are more than 25,000 oil and gas fields of all sizes in the world. [1] However, 94 % of known oil is concentrated in fewer than 1,500 giant and major fields. [2]
A 2008 estimate set the total world resources of oil shale at 689 gigatones—equivalent to yield of 4.8 trillion barrels (760 billion cubic metres) of shale oil, with the largest reserves in the United States, which is thought to have 3.7 trillion barrels (590 billion cubic metres), though only a part of it is recoverable. [15]
But the shale industry quickly bounced back with heavy investments and led the U.S. to become the world's largest oil producer in a few years. It produced a record 12.9 million barrels per day ...
After the Drake Oil Well in 1859, however, shale gas production was overshadowed by much larger volumes produced from conventional gas reservoirs. In 1996, shale gas wells in the United States produced 0.3 × 10 ^ 12 cu ft (8.5 km 3), 1.6% of US gas production; by 2006, production had more than tripled to 1.1 × 10 ^ 12 cu ft (31 km 3) per year ...
The United States has become the world's top oil producer following a surge in shale oil production, pumping over 13 million barrels per day earlier this year. It is also the world's leading ...
Some statistics on this page are disputed and controversial—different sources (OPEC, CIA World Factbook, oil companies) give different figures. Some of the differences reflect different types of oil included. Different estimates may or may not include oil shale, mined oil sands or natural gas liquids.