The Vaca Muerta shale play in southern Argentina continues delivering strong production growth. In a mere decade, shale oil and gas production have regularly soared to all-time highs, boosting ...

Annual conventional discoveries have fallen from over 20 billion boe in the early 2010s to about 8 billion boe since 2020.

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 ...

Argentina’s Neuquén basin accounted for 71% of national oil production and 73% of natural gas output in this year’s first half, according to data from the National Secretariat of Energy. In May—the ...

WASHINGTON, DC - APRIL 08: U.S. President Donald Trump holds an executive orders after signing a series of orders on American energy production during a ceremony in the East Room of the ...

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 ...

CALGARY, Alberta, May 29 (Reuters) - Crude production from Alberta's oil sands is forecast to nearly double to 4.1 million barrels per day by 2023, the Alberta Energy Regulator (AER) said on Thursday.