Turkey Announces Major Shale Oil Reserve Discovery

Estimated 6-billion-barrel shale oil reserve in southeast Turkey

U.S. oil producer Continental Resources estimates there is a shale oil reserve of 6.1 billion barrels in Turkey's southeastern Diyarbakir Basin, the Turkish energy minister said. If confirmed, such reserves would place Turkey above some OPEC members such as Congo or Gabon, and other major producers such as the UK. Continental Resources and Turkish national oil company TPAO signed a joint venture agreement in March to develop shale fields in the …

Turkey Announces Major Shale Oil Reserve Discovery

Continental Resources, the U.S. shale producer, has estimated that the Diyarbak?r basin in Turkey’s southeast has a reserve of 6.1 billion barrels of shale oil, Turkish Energy and Natural Resources Minister, Alparslan Bayraktar, has said.  “Turkey's current annual (crude) oil import amounts to 365 million barrels. So a 6.1 billion barrel reserve is a great figure,” Reuters quoted Bayraktar as saying in southeast Turkey.  In March this year, Turk…

Estimated 6 billion barrel shale oil reserve in southeast Turkey, minister says

SIRNAK, Turkey - U.S. oil producer Continental Resources estimates there is a shale oil reserve of 6.1 billion barrels in Turkey's southeastern Diyarbakir Basin, the Turkish energy minister said. Read more at straitstimes.com.

Shale Oil Reserves in the Southeastern Region of the Republic of Türkiye Are Estimated at 6.1 Billion Barrels

Shale oil reserves in the southeastern Diyarbakir Basin of the Republic of Türkiye are estimated at 6.1 billion barrels, according to assessments by Continental Resources, a U.S.-based oil company. This was announced by the Minister of Energy and Natural Resources of Türkiye, who noted that such a volume of resources could significantly reduce the country’s dependence on oil imports. The annual crude oil import volume of Türkiye stands at approx…

Türkiye announces estimated 6.1bbbl shale oil reserve

Turkiye's Energy Minister Alparslan Bayraktar has announced that US oil producer Continental Resources has estimated a shale oil reserve of around 6.1 billion barrels in the country’s southeastern Diyarbakir Basin.

US company estimates 6.1 billion barrel shale oil reserve in Turkey: minister - Turkish Minute

US oil producer Continental Resources has estimated that a shale oil reserve in southeastern Turkey’s Diyarbakır Basin may hold as much as 6.1 billion barrels, Turkish Energy Minister Alparslan Bayraktar said, according to Reuters.