“US has more oil resources, than Saudi Arabia and Russia, according to the new survey and for the first time this index is higher than that of the world biggest oil exporters,” writes The Financial Times.

Rystad Energy said that extractible oil resources of the US on the operating, discovered and non-discovered fields total 264 billion barrels, which is more than resources of Saudi Arabia (212 billion) and Russia (256 billion).
“The analysis of 60,000 fields throughout the world, which was done out by the company from Oslo for three years, shows that total oil resources in the world reach 2.1 trillion barrels,” writes author of the article Anjlie Raval.
“The extractible resources are the barrels, extraction of which is advisable from the point of view of technology and economy,” reads the article.
“More than half of the remaining oil resources in the US are non-traditional shale oil, according to Rystad Energy. Only Texas has over 60 billion barrels of shale oil,” writes the same source.
Although qualitative indexes of resources are very important, the production losses are important as well, said Richard Mollinson from London-based Energy Aspects Consulting Company.