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EIA ups total shale oil resource estimate by 13% to 419B barrels, shale gas by 4% to 7576 Tcf

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The US Energy Information Administration (EIA) continues to expand its assessment of technically recoverable shale oil and shale natural gas resources around the world. All current production of oil and natural gas in Chad, Kazakhstan, Oman, and the UAE is from non-continuous resources (from high-permeability formations).