Shell – Estonian Eesti Energia – Karak International Oil to explore and develop Jordan oil shale resources The Jordan Oil Shale Company (JOSCO), a wholly PDF | Oil shale is the most abundant fossil energy resource discovered in Jordan, ranking third after the USA and Brazil in terms of oil shale reserves. | Find Oil shale – a Jordanian resource whose time has come. With global energy demand expected to increase by 44% over the next two decades, reaching PDF | Jordan has a huge Oil Shale (OS) reserves with about 50 billion tons are external companies' expert in OS processing, such as Shell international. In Jordan, for example, Shell pledged to spend $500 million in exploration of the country's oil shale resources in return for the right to develop these resources if
See who you know at Jordan Oil Shale Company B.V (JOSCO), leverage your JOSCO is a wholly owned subsidiary of Royal Dutch Shell plc. and as such has Shell – Estonian Eesti Energia – Karak International Oil to explore and develop Jordan oil shale resources The Jordan Oil Shale Company (JOSCO), a wholly
The oil shales in central Jordan are in the marine Chalk-Marl unit, which is underlain by phosphatic limestone and chert of the Phosphorite unit. The oil shales are typically brown, gray, or black and weather to a distinctive light bluish-gray. Shell is exploring for and producing light tight oil (LTO) in the Permian Basin, which is North America’s premier shale play. Permian is Shell’s core LTO asset with accelerated production in selected areas. Oil shale is Jordan’s most significant natural resource. According to various estimates, oil shale deposits underlie more than 60% of the Kingdom’s territory totaling approximately 40 – 70 billion tonnes, which would make Jordan the 6th richest country in the world in terms of oil shale deposits. Shell is still in the early stages of appraising Jordan's oil-shale resources, but is also assessing options for field tests at the Piceance basin, in western Colorado, which holds 1.5 trillion barrels of oil shale. Shell says that between 2003 and 2005, it recovered 1,700 barrels of light oil and associated gas from Colorado's oil shale. Jordan, which imports more than 95 per cent of its energy, has the world's eighth largest reserves of oil shale, according to the World Energy Council. Oil shale, not to be confused with shale oil,
Shell’s principles for producing tight/shale oil and gas. The world needs to develop more energy while safeguarding the environment. Abundant global supplies of natural gas and oil lie locked tightly in rock formations such as tight sandstone and shale. Shell is using advanced, proven technologies – including hydraulic fracturing – The Difference Between Shale Oil and Oil Shale. Hydraulic fracturing (fracking) technology has enabled oil and gas producers to tap reserves in shale formations across North America. The oil coming out of the shale is referred to as shale oil or tight oil.
The Jordan Oil Shale Company (JOSCO) is a wholly owned subsidiary of Royal Dutch Shell plc, registered in the Kingdom to search for and evaluate the commercial potential of deeper layers of Jordanian oil shale. Jordan has significant oil shale deposits occurring in 26 known localities. According to the World Energy Council, Jordan has 8th largest oil shale resource in the world. Geological surveys indicate that the existing deposits underlie more than 60% of Jordan's territory. The Jordan Oil Shale Company (JOSCO) registered in Jordan in 2009 to explore for and evaluate the commercial potential of the deeper layers of Jordanian oil shale. In the success case JOSCO will use its proprietary "In Situ Conversion Process" (ICP) technology to produce oil and gas that would not otherwise be producible using currently available oil shale technologies. The Jordan Oil Shale Company (JOSCO), a wholly owned Shell subsidiary, the Estonia company Eesti Energia (Enefit) and Karak International Oil (Karak) from the UK–based Jordan Energy and Mining Ltd, are now moving from the exploration phases of their respective concessions into the production phase of the huge oil shale resources lying in Jordan. The Jordan Oil Shale Company (JOSCO) is a wholly owned subsidiary of Royal Dutch Shell plc, registered in the Hashimite Kingdom of Jordan in 2009 to search for and evaluate the commercial potential of the deeper layers of Jordanian oil shale. The oil shales in central Jordan are in the marine Chalk-Marl unit, which is underlain by phosphatic limestone and chert of the Phosphorite unit. The oil shales are typically brown, gray, or black and weather to a distinctive light bluish-gray.