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Global Oil Discoveries Are Badly Lagging Consumption
Annual conventional discoveries have fallen from over 20 billion boe in the early 2010s to about 8 billion boe since 2020.
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 ...
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 ...
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.
The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC oil-producing countries. Production from November 2025 to December 2026 appears ...
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 ...
U.S. oil output hit a record 13.84M barrels per day in September. New Mexico, Alaska and Oklahoma drove monthly production gains. Offshore Gulf production reached its highest level since 2020.
The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. September’s World oil output W/O the US increased by 692 kb/d to 72,189 kb/d. Production ...
Renewable and conventional energy are once again coming together in Kern County as a startup based in Alameda uses a “heat battery” to produce steam for enhanced oil production near Taft. Rondo Energy ...
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