The shale-oil revolution that transformed the U.S. into the world’s top oil producer is entering a new phase — one that could ...
Argentina’s record-breaking shale oil and gas production, led by Vaca Muerta and heavy investment from YPF and international ...
Permian drilling opportunities in West Texas were so prolific as the shale boom kicked off they attracted wildcatters the ...
Previously, the cost of a barrel of shale oil ranged between $80 and $90, so KOC and most other international companies were not interested in shale oil due to the exorbitant costs, sometimes ...
In the first of a five-story special, Upstream takes an in-depth look at recent developments at Argentina's prolific unconventional play ...
Never bet against America’s oil and natural gas engineers. About two decades ago, these engineers delivered the shale oil and natural gas revolution. After many years of trying to figure out how to ...
A major shale oil production zone in China’s Junggar basin has recorded an annual output of more than 1.7 million tonnes, or about 12.46 million barrels, marking a breakthrough in the country’s shale ...
Shale wells decline fast, forcing constant drilling—the “Red Queen” effect—with many losing 70–90% of output in three years. The IEA says global fields are depleting faster than thought, so most ...
Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion. According to the U.S. Energy Information Administration, U.S. Field Production of Crude Oil ...
FORT STOCKTON, TEXAS - MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and ...