US Energy Information Administration estimates that the world has 345 billion barrels of recoverable shale oil technically concentrated in ten countries beside the 7.3 quadrillion cubic feet of shale gas, according to 2013 data.
Russia, Australia, China, Argentina and Mexico, as well as one of the richest countries in terms of the availability of these reserves, is seeking to activate the hydraulic fracturing technology employed by American companies to take advantage of this type of oil on a commercial scale.
At a time when many countries to explore the possibility of the availability of this type of oil and the potential for extraction began, remains the impact of falling oil prices negatively on the feasibility of production.
It is noteworthy that "OPEC" data for the year 2013 show that the proven crude oil reserves of 1489 billion barrels, the world, and that 81% of them to return to countries of the Organization.
Remarkably, the amount he is talking about the report higher by about 45 billion barrels, which has Venezuela alone, but the question now is: With increasing technological advances km from the expected rise in the amount of oil shale extraction and hopefully over the crowd out traditional oil markets?
1-Russia
Estimates of shale oil: 75 billion barrels
Shale gas estimates: 285 trillion cubic feet
2-United States
Estimates of shale oil: 58 billion barrels
Shale gas estimates: 665 trillion cubic feet
3-China
Estimates of shale oil: 32 billion barrels
Shale gas estimates: 1,115 trillion cubic feet
4-Argentina
Estimates of shale oil: 27 billion barrels
Shale gas estimates: 802 trillion cubic feet
5-Libya
Estimates of shale oil: 26 billion barrels
Shale gas estimates: Not available
6-Australia
Estimates of shale oil: 18 billion barrels
Shale gas estimates: 437 trillion cubic feet
7-Venezuela
Estimates of shale oil: 13 billion barrels
Shale gas estimates: Not available
8-Mexico
Estimates of shale oil: 13 billion barrels
Shale gas estimates: 545 trillion cubic feet
9-Pakistan
Estimates of shale oil: 9 billion barrels
Shale gas estimates: Not available
10-Canada
Estimates of shale oil: 9 billion barrels
Shale gas estimates: 573 trillion cubic feet
Russia, Australia, China, Argentina and Mexico, as well as one of the richest countries in terms of the availability of these reserves, is seeking to activate the hydraulic fracturing technology employed by American companies to take advantage of this type of oil on a commercial scale.
At a time when many countries to explore the possibility of the availability of this type of oil and the potential for extraction began, remains the impact of falling oil prices negatively on the feasibility of production.
It is noteworthy that "OPEC" data for the year 2013 show that the proven crude oil reserves of 1489 billion barrels, the world, and that 81% of them to return to countries of the Organization.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgoEp5M6UqjmXYpKA2vfuN2dxFsqMfY-5p7va9_Aw1lvOHB5YJeBVE58Zz4uPqZTF99oxGfQyoHNFxTW1aNSJAHwzYk3ffEBS4tncNT-4Bx5aHLMJsKRUDEdlISZave6Z8wss5EmHwSMzH4/s1600/Oil+Prices+Drop.jpg)
1-Russia
Estimates of shale oil: 75 billion barrels
Shale gas estimates: 285 trillion cubic feet
2-United States
Estimates of shale oil: 58 billion barrels
Shale gas estimates: 665 trillion cubic feet
3-China
Estimates of shale oil: 32 billion barrels
Shale gas estimates: 1,115 trillion cubic feet
4-Argentina
Estimates of shale oil: 27 billion barrels
Shale gas estimates: 802 trillion cubic feet
5-Libya
Estimates of shale oil: 26 billion barrels
Shale gas estimates: Not available
6-Australia
Estimates of shale oil: 18 billion barrels
Shale gas estimates: 437 trillion cubic feet
7-Venezuela
Estimates of shale oil: 13 billion barrels
Shale gas estimates: Not available
8-Mexico
Estimates of shale oil: 13 billion barrels
Shale gas estimates: 545 trillion cubic feet
9-Pakistan
Estimates of shale oil: 9 billion barrels
Shale gas estimates: Not available
10-Canada
Estimates of shale oil: 9 billion barrels
Shale gas estimates: 573 trillion cubic feet
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