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Oil Shale Reserves Can Turn Israel Into Major World Producer - Politics - Nairaland

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Oil Shale Reserves Can Turn Israel Into Major World Producer by Spader9(m): 4:40am On Apr 18, 2011
Re: Oil Shale Reserves Can Turn Israel Into Major World Producer by kodewrita(m): 8:53am On Apr 18, 2011
We already have 34 billion barrels worth of oil sands in SWest Nigeria extending from Okitipupa to just near the Republic of Benin Border. Exploitation will start when the oil wells dry up in the delta.
Re: Oil Shale Reserves Can Turn Israel Into Major World Producer by ektbear: 9:08am On Apr 18, 2011
kodewrita:

We already have 34 billion barrels worth of oil sands in SWest Nigeria extending from Okitipupa to just near the Republic of Benin Border. Exploitation will start when the oil wells dry up in the delta.

43 billion barrels, not 34.

More info:
http://mmsd.gov.ng/privatisation/docs/Bitumen%20Overview.pdf
http://www.mmsd.gov.ng/Downloads/Tarsand%20&%20Bitumen.pdf

As that article the OP linked to indicates, a lot less profitable to extract than conventional sources. And also pretty negative effects on the environment.
Re: Oil Shale Reserves Can Turn Israel Into Major World Producer by kodewrita(m): 9:16am On Apr 18, 2011
@ekt_bear merci. was working with some earlier info I heard in an energy seminar: 41 confirmed barrels of oil (much closer to 49 with offshore now), 34 barrels of oilsands (43 confirmed by you) and 184 tscf of natural gas.

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