Sustaining the current production surge among U.S. shale producers will require oil prices north of $60 a barrel. How far north remains to be seen, but the new environment of sustained investment ...

Oil has surged from a 12-year low earlier this year, putting it within range of a "sweet spot" for shale output that Citigroup Inc. sees between $50 to $70 a barrel.

Shale drillers and oil majors are looking at New Mexico to get access to ... 3 days Asia Wants More Term Oil Deals From Middle East as War Boosts Spot ... Is This The New Sweet Spot For Shale?

American refiners are relying more heavily than ever on domestic shale oil, consuming the lightest blend of crude on record, Bloomberg writes.  With supplies of heavier crude from Mexico declining and ...

While most analysts and oil companies focus on the larger portion of the Permian in Texas, southeastern New Mexico — home to the smaller part of the shale play with part of the Delaware Basin ...

US shale oil production is unlikely to experience upside as West Texas Intermediate crude prices stay pressured near the mid ...

Continental Resources Inc.’s CEO Doug Lawler said that without locating potential new sites for drilling and extraction, oil prices could climb to $120 to $150 per barrel.

As U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious multi-billion-dollar export port off the Texas coast to ship domestic crude to buyers in Europe and Asia. In ...

But multi-year regulatory delays, a loss of commercial backers and slowing U.S. shale production has left SPOT, or Sea Port Oil Terminal, and its three rival projects without any secured customers ...

The steep drop in output from US shale wells is turning out to be worse than expected, forcing oil drillers to work even harder to keep production from slipping, research firm Enverus said in its ...