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Title : Global Shale Reserves -- December 29, 2017
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Global Shale Reserves -- December 29, 2017

From The Wall Street Journal, global shale reserves as estimated by the EIA:

One can see how conservative these estimates are. Some have suggested with 10% primary recovery (which now appears to be low) and 500 billion bbls original oil in place, the Bakken alone has 50 billion bbls recoverable shale oil. Yes, I know. Don't get me started.

Also: "The numbers from the rather dated US Energy Information Administration-commissioned study are estimates of technically recoverable RESOURCES, NOT RESERVES. One might expect a financial paper to know the difference.." -- Comment at the linked article.

The earliest the Russians will start seeing significant shale oil production is the mid-2020's according to the linked article.

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