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The table below reports reserves by estimated amount of shale oil. Shale oil refers to synthetic oil obtained by heating organic material (kerogen) contained in oil shale to a temperature which will separate it into oil, combustible gas, and the residual carbon that remains in the spent shale. All figures are presented in barrels and metric tons.
The United States has the largest known deposits of oil shale in the world, according to the Bureau of Land Management and holds an estimated 2.175 trillion barrels (345.8 km 3) of potentially recoverable oil. [21] Oil shale does not actually contain oil, but a waxy oil precursor known as kerogen. There is significant commercial production of ...
The oil shale industry is an industry of mining and processing of oil shale—a fine-grained sedimentary rock, containing significant amounts of kerogen (a solid mixture of organic chemical compounds), from which liquid hydrocarbons can be manufactured.
Oil shale is an organic-rich fine-grained sedimentary rock containing kerogen (a solid mixture of organic chemical compounds) from which liquid hydrocarbons can be produced. In addition to kerogen, general composition of oil shales constitutes inorganic substance and bitumens. Based on their deposition environment, oil shales are classified as ...
(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 ...
The Reserves were initially under the control of the U.S. Department of the Interior, but in 1920, the U.S. Navy's Fuel Oil Office assumed responsibility for the Reserves. A year later, President Warren Harding placed the Reserves back under the Department of Interior, only to have the Teapot Dome Scandal force control back to the U.S. Navy. In ...
The United States Navy and the Office of Naval Petroleum and Oil Shale Reserves started evaluations of oil shale's suitability for military fuels, such as jet fuels, marine fuels and a heavy fuel oil. Shale-oil based JP-4 jet fuel was produced until the early 1990s, when it was replaced with kerosene-based JP-8. [32]
The Piceance Basin contains one of the thickest and richest oil shale deposits in the world and is the focus of most on-going oil shale research and development extraction projects in the U.S. The Piceance Basin has an estimated 1.525 trillion barrels of in-place oil shale resources, and an estimated 43.3 billion tons of in-place nahcolite ...