Syrian oil ministry announces oil shale tender

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Syria’s Ministry of Petroleum and Mineral Resources has announced a tender for investing in oil shale in the Khanaser area, 103 km in southeastern Aleppo, over an area of 150 km 2 divided into 14 blocks with geological reserves of 2.3 Oil shale deposits in Syria. The total crude reserves at the site are estimated at 39 billion tons, and the oil content rate is valued between 5 and 11%, located at depths close to the surface.

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IHS Markit identifies 5 billion barrels of oil equivalent in short-cycle opportunities outside North America

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New energy research from business information provider IHS Markit has identified more than five billion barrels of oil equivalent (BOE) in numerous smaller, previously bypassed, or underperforming reservoirs outside North America that offer oil and gas operators a shorter-cycle path to production than new, frontier projects in undeveloped areas. billion BOE) was made in an underexplored area of the Sureste Basin, with first oil targeted for 2019, just two years after discovery.

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