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More than 50% of the United States oil reserves come in the form of unconventional shale oil, with Texas alone containing 60 million barrels of this type of fossil fuel.
Bakken Shale News. 1  Downward trend continues for US drilling. 2  EIA: Major US onshore regionsâ oil output to rise 117,000 b/d in September. 3  Baker Hughes: US rig count drops for third time in 6 weeks. 4  Baker Hughes: US rig count declines for second time in 4 weeks. 5  EIA: Major US onshore regions to add 113,000 b/d in August.