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The shale boom that made the US the world’s top oil producer is nearing a crucial turning point
The shale-oil revolution that transformed the U.S. into the world’s top oil producer is entering a new phase — one that could see America’s hard-fought lead in energy erode in fewer than five years as ...
Argentina’s record-breaking shale oil and gas production, led by Vaca Muerta and heavy investment from YPF and international ...
Previously, the cost of a barrel of shale oil ranged between $80 and $90, so KOC and most other international companies were not interested in shale oil due to the exorbitant costs, sometimes ...
An auditor told Congress last week that the Green River Formation in Wyoming, Utah and Colorado contains about as much oil as the "entire world's proven reserves," making it the "world's largest ...
The prolific Permian Basin distracted American producers from international shale. Now, they are returning.
The Vaca Muerta shale play, discovered in Argentina, contains an estimated 16 billion barrels of recoverable shale oil and 308 trillion cubic feet of shale gas, making it one of the top five ...
The Gulf Coast is awash in oil from shale formations, so much light oil that the region’s refineries can’t process it all without spending big money on modifications. There’s so much shale oil that ...
In this article, I start by explaining why I believe that peak shale production growth in the US is an underestimated long-term issue, providing oil with a massive tailwind. Energy investors need to ...
Directional drilling in shale formations is applied to place long horizontal laterals precisely within thin, mechanically favorable target intervals, enabling multi-stage stimulation and economic ...
Total signed today an agreement with Lukoil creating a joint venture (JV) to explore and develop the tight oil potential of the Bazhenov play in Western Siberia. Total will hold 49% of the JV and ...
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