Global upstream M&A activity is expected to slow down in 2025 following a peak driven by US shale consolidation.

If the world does reach net-zero by 2050, meaning the energy supply ... The oil and gas drilling industry initiated the shale industry in 2003. A typical horizontal well, 2 miles long, is fracked ...

Fracking-the high-pressure injection of water, chemicals and sand into shale deposits to release the gas and oil trapped within the rock-in recent years has been combined with horizontal drilling ...

most of which is natural gas and most of this in the eastern U.S. gas shale plays in the Appalachia and Marcellus and Utica regions. Oxy’s 1.22 million boepd with 58% oil and the Permian as its ...