Permian Basin shale oil may get a permanent change if Devon Energy and Coterra Energy proceed with a proposed $57 billion ...
Developing shale basins include the Vaca Muerta in Argentina and the Diyarbakir basin in Turkiye.
Shell is reportedly considering a partial or full exit from Argentina's Vaca Muerta shale play as part of a broader portfolio reshaping under its new strategic direction.
Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. The Changqing shale oil field in Northwestern China has produced a cumulative 20 million tons ...
OPEC+ just agreed to boost oil production for another month. Luckily for U.S. shale, they also decided to pause the hikes, which would help the shale industry dodge the bullet of WTI of $50. This is ...
Harold Hamm, the billionaire wildcatter who helped kick off the US shale oil revolution, said he’s about to shut down drilling in North Dakota’s Bakken for the first time in decades because of low ...
Even after years of technological breakthroughs, the shale industry still leaves most of the oil underground. At best, American drillers siphon away 15% to 10% of what’s potentially available; the ...