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Oil shale refers to rock formations that contain hydrocarbon deposits that can be extracted for use. The production process for oil shale is usually more expensive and capital-intensive than ...
U.S. shale oil production could be facing some challenges due to well depletion and a shift in company priorities, potentially leading to higher oil prices.
Discover why US shale oil production faces challenges ahead, with plateauing growth, weather impacts, and potential production drops at $50/bbl WTI. Click for more.
Despite a decline in oil prices and investor concerns, the upstream shale oil and gas sector is generating adequate free cash and presenting long-term investment opportunities at current prices.
Rising costs are impacting new oil production, but shale projects and certain offshore segments remain economically viable, ensuring future supply.
President-elect Donald Trump wants U.S. oil producers to rekindle their once-frenzied drilling, but the country’s shale patch has changed since his first administration.
According to data from oil service provider Baker Hughes, the number of active oil rigs in the US fell by a further six last ...
In September, total oil production from shale resources in the United States will likely decrease by 20,000 barrels per day to 9,415 thousand barrels per day (MBbl/D), per the EIA.
Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-stakes price war is starting to pay off, but Saudi Arabia will need to exert a lot more pain to make a ...
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