Most recently, experts said shale oil production would peak soon as U.S. drilling activity ebbed and companies moved operations to less productive “tier-two” acreage. The expectation was that ...
U.S. shale production has grown more slowly in recent years, as the figure below shows. This reflects first, the oil price collapse in 2014/15 and then the 2020 pandemic, but more recently the ...
Argentina's shale oil production has climbed sharply in recent years. Now a new libertarian President Javier Milei is rolling out incentives and encouraging firms to drill more wells. Argentina's ...
A drone image shows a shale oil production facility in the Xinjiang Uygur autonomous region. ZHAO RUI/XINHUA The national-level shale oil demonstration zone in Jimsar county, Xinjiang Uygur ...
Senior Vice President and Director of Research, Federal Reserve Bank of Dallas The "shale revolution" has stimulated tremendous production of oil and natural gas in the United States. The ...
Production level in the shale industry observed over the last 10-15 years has reached the plateau, the official said MOSCOW, October 13. /TASS/. Shale oil production in the US is currently ...
The National Energy Administration said domestic shale oil production surpassed a record-high of 4 million tons last year. The Jimsar zone in Junggar Basin was jointly established in 2020 by the ...
President-elect Donald Trump’s vows to “frack, frack, frack” are about to collide with a global crude glut that’s set to, finally, temper record shale production. Trump has said he’ll push America ...