Shale oil extraction Energy estimates that the "ex-situ" processing would be economic at sustained average world oil prices above $54 per barrel and "in-situ" processing would be economic at prices above $35 per barrel. These estimates assume a return rate of 15%. Royal Dutch Shell announced in 2006 that its Shell ICP technology would realize a profit when crude oil prices are higher than $30 per barrel ($190/m), while some technologies at full-scale production assert profitability at oil prices even lower than $20 per barrel ($130/m). To increase the efficiency of oil shale retorting and by this the viability of the shale oil
Firkin (unit) a barrel and its value depends on the current size of a barrel, but at present: 1 firkin = 0.25 barrel = 9 imperial gallons = 10.8 U.S. gallons = 41 litres Firkin (unit) A firkin is a unit of volume or mass used in several situations. Its etymology is likely to be from the Middle English "ferdekyn", probably from the Middle Dutch diminutive of vierde ‘fourth’ (a firkin originally contained a quarter of a barrel). A firkin is an American unit of dry measure. 1 firkin = 9 US gallons = 34 litres. A firkin was a British unit