BP predicted Russia shale oil boom

British oil company BP predicted shale oil boom in Russia and the countries of South America in the next 20 years. According to a posting on the website of the corporation forecast, by 2035 Russia will produce about 800,000 barrels of oil a day, and South America - still about 700,000 barrels.

In general, BP expects that in the coming decades shale oil supply to the world market will grow. Now the lion’s share is extracted in the United States, in the fields located in the states of North Dakota and Texas. Production growth in these areas may be slower, but the race will join other countries.

The most interesting from the standpoint of development are Bazhenov formation in Western Siberia and the terrain Vaca Muerte in Argentina. U.S. Energy Information Administration (EIA) has previously stated that the estimated reserves of shale oil in Russia than the American.

16 January 2014 | " onmouseover="this.style.backgroundcolor='#ebeff9'" on, corporation, country, oil, russia, thousand, weather, website

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